Question: need the answer to this question asap as its due in 1 hour. also please make sure the answers are correct as this question is

need the answer to this question asap as its due in 1 hour. also please make sure the answers are correct as this question is worth the most

Question 2 of 10 Falco Inc. financed the purchase of a machine with a loan at 2.11% compounded quarterly. This loan will be settled by making payments of $8,000 at the end of every quarter for 6 years. a. What was the principal balance of the loan? Round to the nearest cent b. What was the total amount of interest charged? Round to the nearest cent

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