Q2: Do as shown between brackets: 1- A friend must be honest, kind, and cooperative. (Write a topic sentence) 2-He doesn't obey instructions. He doesn't write reports. (Use CC) 2 2 A new engineering graduate who started a consulting business borrowed money for 1 year to furnish the office. The amount of the loan was $238,000, and it had an interest rate of 12% per year. However, because the new graduate had not built up a credit history, the bank made him buy loan default insurance that cost 6% of the loan amount. In addition, the bank charged a loan setup fee of $200. What was the effective interest rate the engineer paid for the loan? 18.19 A O 17,08%B 19% CO 20% D