can you answer in excel format ?

In exchange for a $400 million fixed commitment line of credit, your firm has agreed to do the following 1. Pay 1.92 percent per quarter on any funds actually borrowed. 2. Maintain a 1 percent compensating balance on any funds actually borrowed. 3. Pay an up-front commitment fee of 0.27 percent of the amount of the line. sed Required: Based on this information, answer the following: (a) Ignoring the commitment fee, what is the effective annual Interest rate on this line of credit? (Do not round Intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Effective annual rate 9.03 $% (b) Suppose your firm immediately uses $222 million of the line and pays it off in one year. What is the effective annual interest rate on this $222 million loan? (Do not round Intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.9., 32.16).) es Effective annual rate 9.07 %