Q2. LOAN MANAGEMENT (12 points) Tim took a loan of $200,000 to buy an apartment in the downtown. The bank offered the loan with an APR of 16% compounded quarterly payablem (a) Compute the effective interest rate per payment period (3 pointb) (b) What is the amount of the money Tim has to pay (e) For the 10h installment, how much he paid towards the interest and how much towards the for each installment? 3 points) principal amount? (6 points)