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14. Would it be worth it to incur a compensating balance of $10,000 in order to...

14. Would it be worth it to incur a compensating balance of $10,000 in order to get a 1 percent lower interest rate on a one-year, discount interest loan of $225,000? Show your calculations to justify your answer.

If anyone could help me with this, I would greatly appreciate it! Ill definitely give you a thumbs up if you get this correct. Thanks!

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­SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

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