What must the rate be less than to be worth it to incur a compensating balance of $20,000 in order to get a 2 percent lower interest rate on a one-year, pure discount loan of $200,000? Multiple Choice The rate must be less than 78 percent. The rate must be greater than 78 percent The rate must be greater than-78 percent. The rate must be less than-78 percent.

What must the rate be less than to be worth it to incur a compensating balance of 520000 in order to get a 2 petcent lower interest rate on a one yeat, pule dncount loan of 5200000 ? Milichechoice The rate mult be lowt then 78 percent The tone mum te ertale than Is pencert The rate auct be ine rien - 78 pecore