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Comer Electronies needs to altange financing for its expansion program Bankate offers to lend Gomez the requitok funap Uh& itan where interest must be paid

Comer Electronies needs to altange financing for its expansion program Bankate

offers to lend Gomez the requitok" funap Uh& itan where interest must be paid

quarterly, and the quoted rate is & percent. Bank I will charge 8.5 perceota

compounded semi-annually. Which bank Should it choose and why? Show your

calculation and round your answers to 2 decimal places, c:g, 32.1 6.

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