Question: The cash manager of Bronco is contemplating the choices between using wire transfer and EDT. She estimates that her investment opportunity rate is 10%. The bank's ECR is currently 7 percent and the reserve requirement is 10%. Her bank account officer informs her that a wire transfer will cost $ 20 and will provide collected balances one day earlier than the EDT which cost$ .75. Further, assume that the transfer will occur during the mid of the week. Create or write the formulas in the spreadsheet and show your work at arriving at your solutions. When click on the cell contain the answer the formula as to appear very important to obtain credit for the question.