Question 9 24 pts (i) Calculate the amount of loan payments of Bank A. a. $5,064.33 b. $5,153.01 c. $5,060.55 d. $5,017.80 e. None of the answers are correct Enter Response Here: (ii) Calculate the amount of loan payments of Bank B. a. $5,125.27 b. $5,085.65 c. $5,088.12 d. $5,027.66 e. None of the answers are correct Enter Response Here: (iii) Calculate the actuarial rate of Bank B. a. 1.6377% b. 1.4388% c. 0.5980% d. 0.7246% e. None of the answers are correct Enter Response Here: (iv) Calculate the APR of Bank A. a. 8.6456% b. 9.3489% c. 8.0429% d. 9.2732% e. None of the answers are correct Enter Response Here: (v) Calculate the APR of Bank B. a. 7.9570% b. 9.2086% c. 9.4942% d. 8.6957% e. None of the answers are correct Enter Response Here: (vi) Which bank would you choose? a. A b. B Enter Response Here