need it monthly for quation 8 and yearly for quation 9.

Questions 8-10 pertain to the following: You have obtained an add-on loan of $6000 from a bank at an add-on interest rate of 7% per year. The contract period is 36 months. The add-on interest is calculated on yearly basis. The bank also charges upfront a loan origination fee of $250.0 and a document fee of $50. 8. the monthly payment is A B C D $167 S187 S235 S210 None of the above E 9. the effective annual interest rate for this loan is A B. C D E 7.354% 11.229% 16.765 19.23% None of the above 10. the payoff amount after 11 payment using the effective interest rate is A S 3690 BS 4454 C S5250 DS5860 E None of the above 11. You just received credit card applications from two different banks. The interest terms on your unpaid balance are as follows: Bank A: 15% compounded monthly, Bank B: 14.8% compounded daily. Which of the following statements is incorrect)? A. B. C D. The effective annual interest rate for bank A is 16.075% The nominal interest rate for bank Bis 14.8% Bank As term is a better deal. The effective monthly interest rate for Bank A is 1.25% 12. Suppose Johnsecures a home mortgage loan for $100,000 with 3 points at an interest rate of 7% compounded monthly. The loan is payable at the end cach month for 15 years. The monthly effective interest rate is A B C D. E 0.624% 0.614% 0.602% 0.583% None of the above