support Remaining Time: 1 hour, 43 minutes, 57 seconds. Question Completion Status: Close Window - Moving to another question will save this response Question 6 of 25 stion 6 4 points Save Answ Ponn Inc. needs to borrow $250,000 for the next 6 months. The company has a line of credit with a bank that allows the company to borrow funds with an compensating balance. Currently, Penn Inc. has no funds on deposit with the bank and will need the loan to cover the compensating balance as well as their other financing needs. What will be the interest rate subject to a 20% of loan total interest amount for this financing? $11.250 $10,000 $12.500 $8.750 Moving to another question will save this response Question 6 of 25 >>> Close Window Type here to search A 10 15 PM N O 1103/2019