Luxury Travel Ltd is a company providing travel-related services to its customers. It has forecasted its total funding requirements for the coming year as shown in the table below: Month January February March April May June July August September October November December Total funding requirements (S$) 90,000 40,000 60,000 40,000 60,000 100,000 60,000 50,000 60,000 50,000 100,000 160,000 The company was informed by its bank that short-term loans cost 4.5%p.a. and long- term loans cost 7.0%p.a.. Calculate the total financing cost (to 2 decimal places) if it adopts the following strategies: (i) An aggressive funding strategy. (ii) A conservative funding strategy. (3 marks) (3 marks) (iii) Based on the funding requirements indicated in the table, state a possible reason for the company's peak requirements in certain months. (2 marks)