Weighted average cost of capital Personal Financo Problen John Dough has just been awarded his degree in business He has three educaton loans outstanding They all mature in 5 years and he can repay them without penalty any fime before matrity. The amounts owed on oach loan and the annual interest fate assoclated with each loan are given in the following table: John can also combine the total of his three debto (that is, $54,000 ) and create a consolidated loan from his bank. His bank will charge an annual interest rate of 93% for a period of 5 years. Should John do nothing (loave the three individual loans as is) of create a consclidated loan (the $54,000 question?? The weighted average annual interest rate on John's current toan portiolio ib K. (Round to tero decinal places) Data table (Click on the icon here in in order to copy the contents of the data table below into a spreadsheet.)