To settle a $720 invoice, Anna can pay $710 now or the full amount 60 days later. a. Which alternative should she choose if money can earn 7(3)/(4)% ? Pay $710 now Pay full amount 60 days later b. What rate would money have to earn for Anna to be indifferent between the alternatives? (Use 365 days a year. Do not round intermediate calculations and

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To settle a $720 invoice, Anna can pay $710 now or the full amount 60 days later. a. Which alternative should she choose if money can earn 7(3)/(4)% ? Pay $710 now Pay full amount 60 days later b. What rate would money have to earn for Anna to be indifferent between the alternatives? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.) Rate  %

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