Please solve for b-1. (has a red x next to it) the answer IS NOT 382 OR 2292.

Please answer part b.-1 (has a red highlight) Uiz's Healt Food Sroce has estimated monthly francing requirements for the next six months as follows: Shont term financing wit be utilized for the next six months. Projected onnuel interest rates are: a. Compute total dollar interest peyments for the six months. To convert an annual fate to a monthly rate, divide by 12. (Round intermediate colculations and final answers to 2 decimal places). Total d interest poyments $ b.t. C. npute the total dollar interest poyments if iong-term financing at 12 percent had been uilued throughout the sox months Assume a long term rate is locked in on an interestonly loan. Total doliar interest payments 5 Q b-2. If long term financing at 12 percent had been utilized throughout the sir months, would the total dollar interest payments be larget or smaller