Question 5 13 Points (a) Western Union has granted Anchor Ltd., a line of credit that allows it to borrow up to $68 million at any time. The Interest rate is 0.39% per month. But Anchor Ltd. is required to have 6% of the borrowed amount deposited in a non- interest-bearing account. Assume the bank uses compound interest on its line of credit loans, what is the effective annual interest rate on this lending arrangement? (4 points) (b) Name 4 ways in which information can be gathered for credit analysis. (4 points) (c) Anchor Ltd. uses 4,125 machine parts per week and then reorders another 4,125. If the relevant carrying cost per machine part is $15.17, and the fixed order cost is $1,615, what is the EOQ for Anchor Ltd.? Explain your answer (5 points) Use the editor to format your answer