Simplex healthcare had net income of $5,411,623 after paying taxes at 34 percent. the firm had revenues of $20,433,770.its interest expense for the year was $1,122,376, while depreciation expense was $2,079,112. what was the firm's operating expenses excluding depreciation? (round your intermediate calculations and final answer to the nearest dollar.)

You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?