A bank that provides overdraft protection charges 12.5 percent for each $100 (or portion of $100) borrowed when an overdraft occurs. a. What amount of interest would the customer pay for a $360 overdraft? (Assume the interest is for the full amount borrowed for a whole year) Interest amount b. How much would be saved by using the overdraft protection loan if a customer has four overdraft charges of $40 each during the year? Savings