A. Find the annual financing cost (AFC) or a 30 day line of credit where the bank requires a 10% compensating balance requirement. Assume you borrow $237,083m at 5.33% and you have $20,000 in the bank.

B. Find the annual financing cost of a 45 day revolving credit agreement with a 0.5% commitment fee. Assume you borrow $237,495m at 4.08%. You can borrow up to $500,000.

C. Find the annual financing cost (AFC) of a 162 day discount bank loan with a 3.99% rate. Assume you borrow $194,690m.