a. What interest rate would make it worthwhile to incur a compensating balance of $15,000 in order to get a 1-percent low interest rate on a 1-year, pure discount loan of $250,000 ? b. Is it worth incurring the compensating balance to obtain the lower rate? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. What interest rate would make it worthwhile to incur a compensating balance of $15,000 in order to get a 1-percent lower interest rate on a 1-year, pure discount loan of $250,000 ? Note: Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places