CHICAGO STATE UNIVERSITY QBA - 1500 Mid Term Examination Thursday, April 7th, 2022 ame Christopher Bush Score 1) The Jones-Pilsen Company bought some high tech equipment to increase production. In 240 days, Jones-Pilsen must make a single payment of $45,000 to pay for the equipment. Currently (as of today) the company has $42,000. If Jones-Pilsen puts the money in a bank today, what rate interest will it need to pay off the equipment in 240 days? (Please assu 360 days for this question). (5 points)CHICAGO STATE UNIVERSITY QBA - 1500 Mid Term Examination Thursday, April 7th, 2022 ame Christopher Bush Score 1) The Jones-Pilsen Company bought some high tech equipment to increase production. In 240 days, Jones-Pilsen must make a single payment of $45,000 to pay for the equipment. Currently (as of today) the company has $42,000. If Jones-Pilsen puts the money in a bank today, what rate interest will it need to pay off the equipment in 240 days? (Please assu 360 days for this question). (5 points)