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What is your effective rate of interest if you borrow $ 7 , 2 0 0 for 3 0 days at a cost of $

What is your effective rate of interest if you borrow $7,200 for 30 days at a cost of $50 interest? How would the effective rate be impacted if the lean was for $40 interest? What if it was for $55 interest?
A corporation sells its product for $52 per unit and the variable cost to produce them is $32. If fixed costs are $70,000, what is the breakeven point in units? What happens to the breakeven point if the price increases to $55? What if the price remained at $52 but fixed costs increased to $80,000?
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