Masy's Department Store supported its operations through short-term note financing in 2020 described as follows: May 10 The Company entered into a new credit agreement with certain financial institutions providing for revolving credit borrowings and letters of credit in an aggregate amount not to exceed $1.5 million. Interest rates are adjustable. Nov. 30 Additional cash needed during peak holiday sale period was funded through the issuance of 90-day, $200.000 commercial paper discounted at 4%. Feb. 28 Paid off the commercial paper debt on due date. Required: assuming a 1. The amount of cash received by Masy's Department Store on November 30, 2020 is $ 360 day year for interest computations 2. The effective interest rate on these commercial papers is Note: Don't round until the final answer. Round the final answer to the nearest dollar. Keep two decimals for a percentage