James Magee is thinking of buying a home for $114,700. Bank of the Future advertises an 80%, thirty-year simple interest amortized loan at 9 1 4 % interest, with an APR of 10.23%. R.T.C. Savings and Loan advertises an 80%, 30-year simple interest amortized loan at 9% interest with an APR of 10.16%. (Round your answers to the nearest cent.)

(a) Find James's monthly payment if he borrows through Bank of the Future. $

(b) Find James's monthly payment if he borrows through R.T.C. Savings and Loan. $

(c) Use the APR to approximate the fees included in the finance charge by Bank of the Future. $ (d) Use the APR to approximate the fees included in the finance charge by R.T.C. Savings and Loan. $