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Q4. HELP QULL VOTE Cool of a short-term bene Joan) Inny Hulle is the owner and operator of the gran elevato in Brewnia Texas where

Q4. HELP QULL VOTE
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Cool of a short-term bene Joan) Inny Hulle is the owner and operator of the gran elevato in Brewnia Texas where he had lived for most of 62. The rains during the spring have been the best decade and Me Haldexpecting a bumper wheat drop This has prompted him to rethink current financing sources He now believes he will need an additional 5220,000 for the month period ending with dose of the harvesten Aanmeting with a bank Hale is puzzling over what the additional financing will actually cool. The banker oted himnara Bercent over print which is currently 5 percent and also requested that the firm increase is current bank balence of $4.000 up to 20 percent of the a. If interest and principal are all repaid at the end of the 3-month loan to what is the annual percentagemad on noterade by M Mas Dank b. If the bank were to offer to lower the rate o prime Winter is discounted, thould accept the Semalio Now Asume 30 day sonho 380 day yoor a. The annual percentage rate on the loan offer made by Mr. Habe's bank isRond te wo decimal places) b. If the band were to offer to lower the role la primit interest la discounted the amont permitage of one in alternative Round to we decimat lacus Therefore Me Halo's should this womalo Sofrom the dropdown od accept

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