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Origination Fees, Jack needs to borrow $1,500 for one year. Bank South will give him the loan at 8%. SunCoast Bank will give him

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Origination Fees, Jack needs to borrow $1,500 for one year. Bank South will give him the loan at 8%. SunCoast Bank will give him the loan at 7% with a $79 loan origination fee. First National will give him the loan at 6% with a $27 loan origination fee. Determine the total interest and fees Jack will be charged in each case. Which loan should Jack choose? If Jack takes the loan at Bank South, the amount of total interest and fees is $ (Round to the nearest cont.)

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