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Carmen's Beauty Salon has estimated monthly financing requirements for the next six months as followS January February March $9,200 April 3,200 May 4,200 June $ 9,200 10,200 5,200 Short-term financing will be utilized for the next six months. Projected annual interest rates are 6% April May June 13% 12 12 January February March 10 What long-term interest rate would represent a break-even point between using short term financing and long-term financing? (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 decimal places.)