Neverendy Fashlights Inc. needs $329.000 to take a cash discount of 317, net 72 . A banker will loan the money for 55 days at an interest cost of 510300 . a. What is the effective rate on the bank loant (Use a 360 -day year, Do not round intermediate calculations. Input your answer as a percent rounded to 2 decinsal places.) b. How much would it cost fin percentape terms) if the firm did not take the canh discount but paid the bit in 72 doys instead of 17 days? (Uhe a 360 -day yeat. Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) c. Should the firm borrow the money to take the discount? No Yes d. If the banker requires a 20 percent compiensating balance, how much must the firm borrow ta end up with the $329000 ? d. If the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $329,0007 e-1. What would be the effective interest rate in part dif the interest charge for 55 days were $6,800 ? (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 percent compensating balance requirement? (The fim has no funds to count ogainat the compensating batance requirement.)