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c16 q2 Different loan rates. Keith Peterson is the CFO of Springfield Soups and Sauces. The company's typical success rate for new products is 72%.

c16 q2

image text in transcribed Different loan rates. Keith Peterson is the CFO of Springfield Soups and Sauces. The company's typical success rate for new products is 72%. Keith wants to improve this success rate to 77%. What loan improvement (in terms of rates) would do that for Springfield Soups and Sauces? What loan improvement (in terms of rates) would do that for Springfield Soups and Sauces? \% (Round to two decimal places.)

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