Cost of Bank Losne Gits Galore inc. bocrowed 51.5 milikan from Nationsi City Bsnk. The losn was made at a simple annual interest rate of 9% s year for 3 manths: A 20%. compensating bslance requirement raised the effective interest rate. Do not round intermediate calculations. Round your answers to two decimal pisces. a. The nominal annual rate on the loan was 11.25%. What is the true effective rate? b. What would be the effective cost of the lonn if the note required discount interest? c. Whot would be the nominal anmul interest rete on the loan if the benk did not require a compensating balance but required repayment in three equal monthly instaliments