really need these answers and i understand everything except the two that are unanswered

In exchange for a $400 million fixed commitment line of credit, your firm has agreed to do the following: 1. Pay 1.84 percent per quarter on any funds actually borrowed. 2. Maintain a 2 percent compensating balance on any funds actually borrowed. 3. Pay an up-front commitment fee of 29 percent of the amount of the line. Based on this information, answer the following: a. Ignoring the commitment fee, what is the effective annual interest rate on this line of credit? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16 . b. Suppose your firm immediately uses $214 million of the line and pays it off in one year. What is the effective annual interest rate on this $214 million loan? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16 . Sexton Corporation has projected the following sales for the coming year: Sales in the year following this one are projected to be 10 percent greater in each quarter. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 25 percent of projected sales for the next quarter. Assume that the company pays immediately. o. What is the payables period in this case? Note: Do not round Intermedlate calculatlons and round your answer to the nearest whole number, e.g., 32. What are the payments to suppliers each quarter? Note: Do not round Intermedlate calculatlons and round your answers to 2 declmal places, e.g., 32.16 . b. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 25 percent of projected sales for the next quarter. Assume a 90-day payables period. Note: Do not round Intermedlate calculatlons and round your answers to 2 declmal places e.g., 32.16. c. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 25 percent of projected sales for the next quarter. Assume a 60-day payables period. Note: Do not round Intermedlate colculations and round your answers to 2 declmal places e.g., 32.16