You have just arranged for an eight-year bank loan for $200,000 at an interest rate of 10% p.a. with interest compounded semi-annually. The loan will be repaid in equal semi-annual instalments and the first payment will be due six months from today. Assuming end-of-the-period cash flows, the total amount owed the bank at the end of year 4 will be closest to: O $65,437 O $147,632 O $119,272 $163,562