complete the remaining parts of the question

leni Hand-to-Mouth (H2M) is currently cash-constrained and must make a decision about whether to delay paying one of its suppliers, or take out a loan. They owe the supplier $10,500 with forms of 1,8/10 Net 40, so the supplier will give them a 1.8% discount if they pay by today (when the discount period expires). Alteratively, they can pay the full $10,500 in one month when the invoice is due. H2M is considering three options: ner Alternative A: Forgo the discount on its trade credit agreement, wait and pay the full $10,500 in one month, Alternative B: Borrow the money needed to pay its supplier today from Bank A, which has offered a one-month loan at an APR of 11.8%. The bank will require a (no interest) compensating balance of 5% of the face value of the loan and will charge a $95 loan origination fee. Because H2M has no cash, it will need to borrow the Alternative C: Borrow the money needed to pay its supplier today from Bank B, which has offered a one-month loan at an APR of 16,3% The loan has a 1.4% Ioan Qul origination foo, which again H2M will need to borrow to cover. Alternative A: The effective annual cost is 24.35% (Round to two decimal places.) Alternative B: The effective annual roto is % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer 2 parts remaining Clear All Check