Compost Wholesalers presently uses a 10-week loan to finance most of its seasonal inventory. The average amount of inventory is $4,000,000, the bank will lend Compost's 80 percent of the value of average inventory. There is a public warehouse fee of $3,500 per week. Total transportation costs for the 10-week period make up 0.75 percent of the average value of the inventory [that is, (0.0075)($4,000,000)], the prime rate is 5.5 percent, and the bank will loan at 2 percent above the prime rate. All fees/costs are paid at the end of the loan.

A. Find the loan amount

B. Find the interest

C. Find other costs/fees

D. Find m and period rate

E. Find the annual percentage rate (APR)

F. Find the effective annual cost (EAR)