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Business, 19.09.2019 20:30 naomihiggins4033

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 8,200 april $ 8,200 february 2,200 may 9,200 march 3,200 june 4,200 short-term financing will be utilized for the next six months. projected annual interest rates are: january 6.0 % april 13.0 % february 7.0 % may 12.0 % march 10.0 % june 12.0 % a. compute total dollar interest payments for the six months. (round your monthly interest rate to 2 decimal places when expressed as a percent. round your interest payments to the nearest whole cent.)

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