For abank loan assuming a one-year repayment period and 14% interest,the monthly payment is S (Round to the nearest cent.)For abank loan assuming a one-year repayment period and 14% interest,the Shirley, a recent college graduate, excitedly described to her older sister the \( \$ 1,330 \) sofa, table, and chairs she found today. However, when asked she could not tell her sister which interest 2 answers