A borrower has two alternatives for a loan: (1) issue a $330,000,90-day, 6% note or (2) issue a $330,000,90-day note that the creditar ascounts at 6%. Assume a 360 day vear. This information has been collected in the Microsoft Excel Online fie. Open the spreadsheet, perform the required analyis, and input your ansmers in the questions beliow. Open ipresdshet a. Compute the amount of the interest expense for each eption. Reund your answer to the nearest dellar. 1 for each alternative. b. Determine the proceeds received by the borrower in each situation. Plound your answers to the nearest dodlar. (1) $330,000,90day,6% interest-bearing note: (2) $330,000,50-dey note discounted at 64 i c. Altemative is more favorable to the borrower because the baerower