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Neveready Flashights incolporated reeds $345. oco to tako a cash discount of 211 , net 76 . A banker will lend the money for 65

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Neveready Flashights incolporated reeds $345. oco to tako a cash discount of 211 , net 76 . A banker will lend the money for 65 days at an interest cont of $12100 a. What is the effoctye rate on the bsrk loan? Note: Use a 260 -day year. Do not round intermedate calcilations, input your answer as a percent rounded to 2 decimal places. b. How muen woud it coet in peceertoge temst the firm a d not take the cokn atscount but pald the bili in 76 dyys instead of it dive? Note Use a 260 -dsy year Do not round inteimediate cakulotions. Input your answer as a percent rouanded to 2 decinis piaces. c. Should the firm bocicu the menoy to zake the di icount? e-1. What woule be the affect ye interest rage in part of fthe loterest charge for 65 daye were 511,400 ? Note: Use a 360 -day year, Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places e-2. Should the firm borrow with the 20 percert compensating belance regurement? ifhe frim has no funds to count eqainct the? compensating baiance requirement)

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