OC Carmen's Beauty Salon has estimated monthly financing requirements for the next six months as follows: 2 points January February March $9,100 3,100 4,100 April May June $ 9,100 10,100 5,100 Short-term financing will be utilized for the next six months. Projected annual interest rates are: eBook OU January February March 5% 6 9 April May June 12% 12 12 Hint Print 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.) Interest rate %