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Suppose a company wants to borrow $ 1 0 m for 3 years, paying interest every year and repaying the $ 1 0 m after

Suppose a company wants to borrow $10m for 3 years, paying interest every year and repaying the $10m after 3 years. The loan is at a variable interest rate, which is set at reference rate r+1%.
The company has an interest rate cap at reference rate r=6%.
How much does the company pay in interest for the loan over all 3 years if r is 5% in year 1,6% in year 2, and 8% in year 3? Ignore the cost of the interest rate cap.

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