Neveready Flashlights Inc. needs $$340\mathrm{.}000$ to take a cash discount of $2/10,$ net $60.$ A banker will loan the money for $50$ days at an interest cost of $$5,900.$o$.$ What is the annual rate on the bank loan? $($Use $365$ days in a year. Do not round intermediate calculations. Round the final onswer to $2$ decimal places.$)$Annual rate$1267\%$b$.$ How much would it cost $($in percentage terms$)$ if the firm did not take the cash discount, but paid the bill in $60$ days instead of $10$ days? $($Use $365$ days in a year. Do not round intermediate calculations. Round the final answer to $2$ decimal places.$)$Cost of not taking a cash discount$14\mathrm{.}90\%$c$.$ Should the firm borrow the money to take the discount? Yes Nod. If the banker requires a $14$ percent compensating balance, how much must the firm borrow to end up with the $$340,000?($Use $365$ days in a year. Do not round intermediate calculations. Round the final answer to $2$ decimal places.$)$Amount to be borrowed$ $395348\mathrm{.}8$e$-1.$ What would be the effective interest rate in part dif the interest charge for $50$ days were $$7\mathrm{.}250?($Use $365$ days in a year. Do not round intermediate calculations. Round the final answer to $2$ decimal places.$)$Annual rate$16\mathrm{.}65\%$e$-2.$ Should the firm borrow with the $19$ percent compensating balance? $($The firm has no funds to count against the compensating balance requirement.$)$