ac$,$ Inc needs $$3,600,000$ for a year. Within $1$ year, it will generate enough U$.$S dollars to pay off the loan. The exchange rate is $1$ yen $=1$ USD and $1$CADS

borrowing U$.$S dollars at an interest rate of $5\%,(2)$ borrowing Japanese Yen at an interest rate of $3\mathrm{.}67\%$ or $(3)$ borrowing Canadian dollars at an interes Japanese yen will appreciate by $1\mathrm{.}2\%$ and Canadian dollar by $3\mathrm{.}3\%$ over the next year. Determine the effective financing rate for the above$-$mentioned