200 polnts Charming Paper Company sells to the 12 accounts listed here. the Account 181,000 43 78,900 29.400 61 59.900 291,000 35,800 384,000 46,000 74 99.400 227,000 21 66.300 will lend 90 percent against account for loan. The current prime rate is 16.50 222222122222222299 22 s between 41 and 45 days. Customers that take over 45 days to pay their bills are not The current prime rate is 16.50 percent, and Capital charges 4.50 percent over prime to Charming as its annual loan.rate a. Determine the maximum loan for which Charming Paper Company could quality b. Determine how much one month's interest expense would be on the loan balance determined in part a. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Hints eBook & Resources 2 8 9 5 6 4