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origination Fees. Jack needs to borrow $ 5 0 0 for one year. Bank South will give him the loan at 1 1 % .

origination Fees.Jack needs to borrow $500
for one year. Bank South will give him the loan at 11%. SunCoast
Bank will give him the loan at 8% with a $23. loan origination
fee. First National will give him the loan at 6% with a $9 loan
origination fee. Determine the total interest and fees Jack will be
charged in each case. Which loan should Jackchoose?* so i know the answer is $55 bank south.than they asked *If Jack takes the loan at SunCoastBank,
the amount of total interest and fees is ? so i know is
$63.butI dont know how to get the $63. can anyone
explained me.???please.

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