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Carmens Beauty Salon has estimated monthly financing requirements for the next six months as follows:January$ 1 0 , 3 0 0 April$ 1 0 ,

Carmens Beauty Salon has estimated monthly financing requirements for the next six months as follows:January$ 10,300April$ 10,300February4,300May11,300March5,300June6,300Short-term financing will be utilized for the next six months. Projected annual interest rates are:January7.0%April14.0%February8.0%May12.0%March11.0%June12.0%a. Compute total dollar interest payments for the six months.

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