Please don't copy from ChatGPT. It's giving wrong answer.

Burt's Department Store needs $650,000 to take a cash discount of 150/20, net 60 . A banker will loan the money for 40 days at an interest cost of \$15,000 0. What is the annual rate on the bank loan? (Use 365 days in o year. Do not round intermediote calculotions. Round the final answer to 2 decimal ploces.) Annual rate % b. How much would it cost (in percentage terms) if Burt's did not take the cash discount and paid the bill in 60 days instead of 20 days? (Use 365 doys in o year. Do not round intermediate colculations, Found the final answar to 2 decimal places.) Cost of not taking a cash discount % c. Shouid Burt's borrow the money to take the discount? Yes No d. If the banker requires a 10 percent compensating balance, how much must Burts borrow to end up wen the 5650.000 , (Pound the final enswer to the nearest whole dollar:) Amount to be borrowed s e-1. What would be the interest rate in part d if the intecest charge for 40 days were $21750% cUse 365 days in a yeor Do nor round intermediate coiculations. Round the final onswer to 2 decimol places.) Annual tate \% e-2. Should Aurt's borrow with the to percent compensating bolance? (There ace no funds to count against the compensating batance requirement) No res