Gender Studies homework help

Bank A offers the following terms for a $10 million loan:Interest rate: 8% for one year on funds borrowedFees: 0.5% of the unused balance for the unused term of the loanBank B offers the following term for a $10 million loan:Interest rate: 6.6% for one year on funds borrowedFees: 2% origination feeA. Which terms are better if the firm intends to borrow the $10 million for the entire year?B. If the firm plans to use the funds for only three months, which terms are better?*Please show all work. Thank you!*

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