Can someone help me with b1? The bottom part that is in RED. Thank you!

The following three one-year "discount" loans are available to you: Loan A: $165,811 at a 6.0 percent discount rate Loan B: $155,811 at a 5.0 percent discount rate Loan C: $175,811 at a 5.5 percent discount rate 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.) eTextbook and Media Attempts: 2 of 2 use b1) X Your answer is incorrect. 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 %