$$4,500,000$ note receivable by the following modifications:

Reducing the principal obligation from $$4\mathrm{.}500\mathrm{.}000$ to $$3,000,000.$

Extending the maturity date from December $31,2025,$ to lanuary $1.2029.$

Reducing the interest iate from $12\%$ to $10\%.$

Whispering pays interest at the end of each year, On lanuary $1\mathrm{.}2029.$ Whispering Comparm pays $$3,060,000$ in cash to American Bank. what interest rate should whispering to compute its interest expense in future periods