1. For the month of January it borrowed $100 million and for February it drew down an additional $20 million. What are PBCs payments to BBB for February?

2.

Group of answer choices

.04 x 300,000,000 + .0025 x 300,000,000 (each divided by 12, approximately).

.04 x 20,000,000 + .0025 x 300,000,000 (each divided by 12, approximately).

.04 x 120,000,000 + .0025 x 300,000,000 (each divided by 12, approximately).

.04 x 120,000,000 + .0025 x 180,000,000 (each divided by 12, approximately).

.04 x 20,000,000 + .0025 x 180,000,000 (each divided by 12, approximately).

.04 x 20,000,000 + .0025 x 300,000,000 (each divided by 12, approximately).

.04 x 120,000,000 + .0025 x 300,000,000 (each divided by 12, approximately).

.04 x 120,000,000 + .0025 x 180,000,000 (each divided by 12, approximately).

.04 x 20,000,000 + .0025 x 180,000,000 (each divided by 12, approximately).