Tlog question Sarah is looking to expand her flower boutique. Her bank offered her a $10,000 6 month loan bearing 7% interest payable on a discounted basis. Find the annual effective rate of interest. Round you answer to 2 decimal places (e.g. 4.25%). FF i B I E Question 33 Not yet answered Marked out of 3.00 P Flag question What is the effective interest rate cost of not taking the discount when offered terms of 1/10. n/45? . Round you answer to 2 decimal places (e.g. 4.25%). 1 FE T: i B I !!! III % B