Write a subject line and opening sentence for the following message: our organization, newborns in need, has heard that charity golf tournaments can raise a lot of money. however, we know nothing about how to plan such an event. your recent blog about planning an event was terrific. but we have additional questions, such as how to attract celebrities and whether it would be an amateur event or could local celebrities participate. another big question has to do with pricing. can you us estimate what costs are involved and what expenses we should expect? as you can see, we have many questions, such as what is a "shotgun start" format? we would commission you to us if you are available.

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?