Question 43 Suzann is Treasurer of Pettersen golf travel would like to know what is the effective rate of interest if the loan is discounted and require compensating balance? Golf Vacations Inc. Suzann wants to take out a loan to expand her company. Suzann is considering borrowing $10,000 for one year at 8% interest. Suzann s a 10% Not yet answered Points out of 1 Flag question Select one: A. 8.70% B. 9.76% C. 10.39% D. None of the above O