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Question 27 1 pts Musk Corporation needs $225,000 to pay its bills. Musk's bank eoffers a one-year 12 percent simple interest loan that requires a

Question 27 1 pts Musk Corporation needs $225,000 to pay its bills. Musk's bank eoffers a one-year 12 percent simple interest loan that requires a 25 percent compensating balance to be maintained with the bank. Musk currently holds no funds at the lending bank. How much must Musk borrow to ensure that it has $225,000 to pay its bills? $281,250 $300,000 O $225,000 O $900,000 O S168,750

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