[ 20 points] May took a $200,000 construction loan to build a new house. The house will be built over a 20 month period. During the construction period, the loan will attract only simple interest at the rate of 74 % per month. May plans taking a mortage on the new house ( the loan balance that include the 20 month interest) after the construction of the house. Since she has been saving for this house, she plans putting down 20% of the value of the house before signing the deal (assume the value of the house is the loan balance after construction). With a 750 credit score, she was able to get a 3% per year compounded monthly for 30 years. Draw the CFD What will be her monthly paytment? How much interest will she pay after paying off this loan