BMI Lid, had arranged with the bank for a 6 month ine of credit of $200,000 at prime plus 2% Prime rate is 4%. The bank charges 0.5% commitment fee on any unused balance BMILid ended up using only 5160,000 for 4 months Calculate the total cost of financing for the Line of Credit below a. On the BMI Line of Credit what is the total interest charged: $ On the BMI Line of Credit what is the total commitment fee charged: 5