Question: Bonus question ( 25 points). Interest Charge problem Calculate the total interest charge on a $200,000 loan made on March 1 at 8% annual interest

 Bonus question ( 25 points). Interest Charge problem Calculate the total

Bonus question ( 25 points). Interest Charge problem Calculate the total interest charge on a $200,000 loan made on March 1 at 8% annual interest rate with payment projected as $100,000 on October 1,$50,000 on November 1 , and on December 1

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