Question: Qq3 Short-term financing will be utilized for the next six months. Projected annual interest rates are: What long-term Interest rate would represent a break-even point

Qq3

Qq3 Short-term financing will be utilized for the next six months. Projected

Short-term financing will be utilized for the next six months. Projected annual interest rates are: What long-term Interest rate would represent a break-even point between using short-term financing and long-term financing? Note: Round your monthly Interest rate to 2 decimal places when expressed as a percent. Round your interest payments to the nearest whole cent. Input your answer as a percent rounded to 2 declmal places

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