please do it in best way , i would rate your answer

1. Brand Advertising is offered a 3/10 net 40 trade discount by its supplier. In the past Brand has been able to get away with paying for supplies on credit in 60 days. Since it doesn't have monpy on hand to take advantage of the discount, it tries to negotiate a loan with Second Canadian Bank. The amount of $375,000 with a 15% compensating balance and a $5,500 interest charge has been negotiated for the month of May. Brand already maintains a $16,250 balance at the bank Compute the annual rate of interest on the loan, and the cost of not taking the discount. Which one should Brand take? 2. Talmund Book company borrows $16,000 for 30 days at 9% interest. What is the dollar cost of the loan? 3. Calculate the cost of discounting a $100,000 bankers' acceptance if it is due in 90 days and is sold at $97,915. lgnore bank fees