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Percentage answers may be rounded to the nearest whole number unless context suggests otherwise. Answer Point Points Value Earne A. Personal Loans 1. Fees. Devlin

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Percentage answers may be rounded to the nearest whole number unless context suggests otherwise. Answer Point Points Value Earne A. Personal Loans 1. Fees. Devlin needs to borrow $2,000 and plans to pay it back monthly over the next 5 years. For a, b & c below, determine the total interest and fees Devlin will be charged in each case. 1.a Bank South will give him the loan at a 15% annual rate with no origination fee. Work: 1.b Sun Coast will give him the loan at a 10% annually with an origination fee of $50 and an annual service fee of $50 each year. Work: 1.c First National will give him the loan at 8% annually with a $95 application fee and a $200 loan origination fee. Work

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