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 $11,500 with terms 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 Alternatively, they pay the full $11,500 in one month when the invoice is due. H2M is considering three options: Alternative A: Forgo the discount on its trade credit agreement, wait and pay the full $11,500 in one month needed to pay its supplier today from Bank A, which has offered a one-month loan at an APR of 12.4% The bank will require oan origination fee. Because H2M has no cash, it will need to Alternative B: Borrow a (no-interest borrow the funds to cover these additional amounts as well Alternative C: Borrow the money needed to pay its rigination fee, which again H2M will need to borrow to cover the ating balance of 7% $1 The loan has a Alternative A: The effective annual cost is 24.35 %. (Round to two decimal places.) Alternative B: The effective annual rate is %. (Round to two decimal places.) Enter your answer in the answer box and then rlick heck in