need help on this question

APR Rate

Check my work 5 c. Should the tirm borrow the money to take the discount O No Yes ts d. If the banker requires a 14 percent compensating balance, how much must the firm borrow to end up with the $480,000? (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places.) kipped Amount to be borrowed print e-1. What would be the effective interest rate in part dif the interest charge for 60 days were $10,300? (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places) erences Annual rate % e-2. Should the firm borrow with the 19 percent compensating balance? (The firm has no funds to count against the compensating balance requirement) O Yes O No