Question 10. Thank you for the help. Please comment if you need anything else.

January February March s 8,700 2,700 3,700 April May June s 8,700 9,700 4, 700 Short-term tinancing will be utilized tor the next six months. Projected annual interest rates are: January February March 10.0% April May June 13.0% 12.0% 12.0% a. Compute total dollar interest payments tor the six months. (Round your monthly interest rate to 2 decimal places when expressed as a percent. Round your interest payments to the nearest whole cent) Total dollar interest payments b-1. Compute the total dollar interest payments it long-term financing at 12 percent nad been utilized throughout the six months? (Round your monthly interest rate to 2 decimal places when expressed as a percent. Round your interest payments to the nearest whole cent.) Total dollar interest payments b-2. It long-term financing at 12 percent nad been utilized throughout the six months, would the total-dollar interest payments be larger or smaller than Witn the snort-term financing plan? O Smaller O Larger