The table below provides selected financial data for the Vogon Construction Co. in Yearst and t-1. Selected Financial Information Vogon Construction Co. Yeart-1 Yeart Interest Expense Short-Term Debt 45,681 48,017 226,370 226,370 Long-Term Debt 608,712 733,044 Total Liabilities 1.708,157 1,853,358 What interest rate (on average) does the company pay on its borrowed funds? Express your answer in percentage form rounded to one decimal place (2.7 X % The table below provides selected financial data for the Vogon Construction Co. in Yearst and t-1. Selected Financial Information Vogon Construction Co. Yeart-1 Yeart Interest Expense 49.732 Short-Term Debt 843,244 843,244 Long-Term Debt 2,167,669 2,339,399 Total Liabilities 3,315,560 3,550,755 The company pays an average interest rate of 4.5% on its borrowed funds. What is the interest expense in Yeart? $ 154,492.09 x