QUESTION 12 Illinois Heart Hospital purchased and received an order of $27,950.50 worth of Personal Protective Equiqment (PPE) one (1) week before Valentine's Day from Good Samaritan Medical Equipment Supply, Inc. The invoice stated the terms of payment as 3,577 net 21. Calculate the approximate interest rate for this purchase of desperately needed PPE. Please convert answer to percentage and round to one decimal place, e.g. "1.5% QUESTION 1 Factoring is defined as method to: increase accounts receivable sell accounts receivable sell accounts payable increase revenues