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
◻
%