(a) Your answer is correct. Determine the dollar amount of interest you would pay on each loan and indicate the amount of net proceeds each loan would provide. (Round answers to 0 decimal place, e.g. 5275.) Interest Net Proceeds Loan A 9794.70 153450.30 Loan B 7662.25 145582.75 Loan C 9528.475 163716.525 SHOW SOLUTION LINK TO TEXT Attempts: 1 of 2 used (61) Calculate the percent interest rate or effective cost of each loan. (Round answers to 2 decimal places, e.g. 52.75.) Loan A % Loan B % Loan C % Attempts: 0 of 2 used