Carmen's Beauty Salon has estimated monthly financing requirements for the next six months as follows: January February March $9,409 3,489 4,409 April May June 9,480 10,400 5,400 Short-term financing will be utilized for the next six months. Projected annual interest rates are: January February March May 9.02 12.8% 12.8% 12.0% June a. Compute total dollar interest payments for the six months. (Round your monthly interest rate to 2 decimal places when expre as a percent. Round your interest payments to the nearest whole cent.) Total dollar interest payments b-1. Compute the total dollar interest payments if long-term financing at 12 percent had been utilized throughout the six months? Prex 1 of 20 !!! Next > Total dollar interest payments b-1. Compute the total dollar interest payments if long-term financing at 12 percent had 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 -2. If long-term financing at 12 percent had been utilized throughout the six months, would the total-dollar interest payments be larger or smaller than with the short-term financing plan? Smaller Larger Prey 1 of 20 !!! Next >