K Grisha needs to borrow $1800 for an automobile repair. She finds that Bank A charges 5% simple interest on the amount borrowed for the duration of the loan and requires the loan to be repaid in six equal monthly payments. Bank B offers loans of $1800 to be repaid in 12 monthly payments of $154.05. Answer parts (a) through (d). Annual Percentage Rate 7.0% Number of 5.0% 5.5% 6.0% 6.5% 7.5% 8.0% 8.5% 9.0% Payments (Finance charge per $100 of amount financed) 6 1.46 1.61 1.76 1.90 2.05 2.20 2.35 2.49 2.64 12 2.73 3.00 3.28 3.56 3.83 4.11 4.39 4.66 4.94 a) How much interest is charged by Bank A? Bank A charges $ in interest. (Type an integer or a decimal)