1. **State the problem:** We need to find the total amount Parker will pay for each bank loan option. 2. **Formula used:** Total amount paid = Monthly payment $ \times $ Number of months 3. **Calculate for Bank A:** - Monthly payment = 673.65 - Time = 10 years = $10 \times 12 = 120$ months $$\text{Total amount for Bank A} = 673.65 \times 120$$ 4. **Calculate for Bank B:** - Monthly payment = 497.25 - Time = 15 years = $15 \times 12 = 180$ months $$\text{Total amount for Bank B} = 497.25 \times 180$$ 5. **Perform the multiplications:** $$\text{Bank A: } 673.65 \times 120 = 80838$$ $$\text{Bank B: } 497.25 \times 180 = 89505$$ 6. **Interpretation:** Parker will pay a total of 80838 if he chooses Bank A and 89505 if he chooses Bank B. **Final answers:** - Bank A total payment: 80838 - Bank B total payment: 89505