2. You get a loan of $10,000 for your startup today. You are expected to pay 24 equal monthly installments ($A per month) at APR 12%, compounded monthly, starting from a month from today. After 6 months, bank offers you a new deal. If you pay an additional $1,600 at the time of your 6th payment, Bank will reduce your monthly payments by $100. (15 points) Would you take this deal if you do not have $1,600 at the time of the 6th payment and you would have to borrow it at APR 9612? a) (15 points) Would you take the deal if you have $1,600 at the time of the 12th payment and also have a separate investment opportunity that pays 1% per month? b) c) (10 points) Given that you are facing the case under part (b), what is the IRR of taking the $1,600 deal that the bank offers