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Brief Exercise 10-4 Burtao Con pany nonstructing a building Carstnetlar be gan cn February 1 and was con Peted on Decamher 31 Expenditurns wm $2,054

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Brief Exercise 10-4 Burtao Con pany nonstructing a building Carstnetlar be gan cn February 1 and was con Peted on Decamher 31 Expenditurns wm $2,054 DO ar March 1 si 212 ad on "na 1 and S3,a17 300 n Decmher 31 Buffeo Cc mpany borro ed $1,158 JO on Marc 1 01 a year 12% nute to heg rinence construction of the iding. n addition the company had outstanding al yea 1c a year, S2 119,200 note Jayale anc ar 11%, 4-year,3,544,100 note peyabe Co route avccable a1. ir e esl, ur Bu alu Comuerry. Use th weighted-everage "terest rete r r est ceo d Leuun purposes. -fin10%,5- Round percentages to 2 decimal places, e g 2.51 % mnd fina/answer to O decr a pl ces e to o decimel pite , 5,275. Avcidatle Interest

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