Mr. Bred Bid borrowed $638,000 from the holivout bank with terms requiring that the loan be repaid in equal installments at the end of every second week over a period of six years with a quoted interest rate of 10%. Compute the installments using the simple interest method. A. 11,224.38 B. 11,244.38 C. 11,264.38 D. 11,284.38