Use the example below to solve the exercise that follows….

Use the example below to solve the exercise that follows. Example: Write the equation of the circle in standard form. Then identify the center and radius.               x2-6x+y2+4y-9=3{“version”:”1.1″,”math”:”x2-6x+y2+4y-9=3″}Solution:             x2-6x+y2+4y-9=3×2-6x+y2+4y=12×2-6x+9+y2+4y+4=12+9+4(x-3)2+(y+2)2=25{“version”:”1.1″,”math”:”x2-6x+y2+4y-9=3×2-6x+y2+4y=12×2-6x+9+y2+4y+4=12+9+4(x-3)2+(y+2)2=25″}Answer:  Center is (3, -2){“version”:”1.1″,”math”:”(3, -2)”} and  r=5{“version”:”1.1″,”math”:”r=5″} Exercise: Write the equation of the circle in standard form. Then identify the center and radius.              x2+2x+y2-14y+43=0{“version”:”1.1″,”math”:”x2+2x+y2-14y+43=0″}Show your work in the box below.

A firm enters into a line of credit at the start of the year…

A firm enters into a line of credit at the start of the year. The firm is entitled to borrow up to $400 million and must pay 0.3% on any unused money it is allowed to borrow.  The borrowing rate is 3% a year on money borrowed (ignoring compounding of interest).  If the firm pays a 0.4% initiation fee on the maximum amount of the line of credit at the date of the agreement and borrows only $150 million at the start of the year and pays back none of this amount borrowed at the start of the year, what is the firm’s total expense due to the line of credit for the full year (including initial fees) – I do not want a present value here, just the total cost.  The answer should be in millions of dollars to two decimal places.