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(i) Calculate the amount of loan payments of Bank A. a. $2,212.37 b. $2,154.61 c. $2,162.33 d. $2,116.25 e. None of the answers are correct

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(i) Calculate the amount of loan payments of Bank A. a. $2,212.37 b. $2,154.61 c. $2,162.33 d. $2,116.25 e. None of the answers are correct Enter Response Here: (ii) Calculate the amount of loan payments of Bank B. a. $2,152.54 b. $2,247.25 c. $2,129.79 d. $2,155.70 e. None of the answers are correct Enter Response Here (iii) Calculate the actuarial rate of Bank B. a. 1.6727% b. 0.9212% c. 1.6489% d. 0.7771% e. None of the answers are correct Enter Response Here: (iv) Calculate the APR of Bank A. a. 11.4385% b. 12.0613% c. 10.1002% d. 11.0665% e. None of the answers are correct Enter Response Here: (v) Calculate the APR of Bank B. a. 11.7153% b. 11.0539% c. 10.5058% d. 12.0077% e. None of the answers are correct Enter Response Here: (vi) Which bank would you choose? a. A b. B Enter Response Here: (i) Calculate the amount of loan payments of Bank A. a. $2,212.37 b. $2,154.61 c. $2,162.33 d. $2,116.25 e. None of the answers are correct Enter Response Here: (ii) Calculate the amount of loan payments of Bank B. a. $2,152.54 b. $2,247.25 c. $2,129.79 d. $2,155.70 e. None of the answers are correct Enter Response Here (iii) Calculate the actuarial rate of Bank B. a. 1.6727% b. 0.9212% c. 1.6489% d. 0.7771% e. None of the answers are correct Enter Response Here: (iv) Calculate the APR of Bank A. a. 11.4385% b. 12.0613% c. 10.1002% d. 11.0665% e. None of the answers are correct Enter Response Here: (v) Calculate the APR of Bank B. a. 11.7153% b. 11.0539% c. 10.5058% d. 12.0077% e. None of the answers are correct Enter Response Here: (vi) Which bank would you choose? a. A b. B Enter Response Here

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