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please show me the calculation FINC1123 - Personal Finance Homework on Consumer Credit 1. The following banks offer loans with the terms indicated. Calculate the

please show me the calculation
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FINC1123 - Personal Finance Homework on Consumer Credit 1. The following banks offer loans with the terms indicated. Calculate the annual percentage rates (APR) for each bank and suggest which bank to borrow from. Show steps clearly. - New Haven Bank: simple interest loan at interest rate of 10% - Orange Bank: Discount interest loan, with interest rate of 9.5% - Milford Bank: 8% interest add-on loan and payable in monthly installments over 12 months

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