?You are the owner of four HongLa restaurant locations. You have a $90-$days business loan with RBC taken out $50$ ?days ago. The amount of the loan is $$40,000,$ ?and the rate is $9\mathrm{.}5\%$ ?using ordinary interest.

You currently have some excess cash. You have the choice of sending RBC $$25,000$ ?now as a partial payment on your loan or purchasing an additional $$25,000$ ?of serving supplies such as food containers, cups, and plastic dinnerware for your inventory at a special discount price that is $10\%$ ?off$$ ?your normal cost of these items.