XYZ has forecast its total funds requirements for the coming year as shown in the following table. Divide the firm's monthly funds requirement into (1) a permanent component and (2) a seasonal component, and find the monthly average for each of these components. Describe the amount of long-term and short-term financing used to meet the total funds requirement under an aggressive funding strategy. Assume that, under the aggressive strategy, long term funds finance permanent needs and short-term funds are used to finance seasonal needs. Assuming that short-term funds cost 13% annually and that the cost of long term funds is 18% annually, use the averages found in part a to calculate the total cost of each of the strategies described in part b. Consider surplus investment with 5% of return (determine the cost of the aggressive strategy using the following format: $1.111,11)

\begin{tabular}{|l|l|} \hline January & $45.000,00 \\ \hline February & $32.000,00 \\ \hline March & $20.000,00 \\ \hline April & $29.000,00 \\ \hline May & $65.000,00 \\ \hline June & $52.000,00 \\ \hline July & $40.000,00 \\ \hline August & $35.000,00 \\ \hline September & $39.000,00 \\ \hline October & $41.000,00 \\ \hline November & $36.000,00 \\ \hline December & $62.000,00 \\ \hline \end{tabular}