The Yankel Corporation's controller prepares adjusting entries only at the end of the fiscal year. The following adjusting entries were prepared on December 31,2024 . Addieional information 1. The company borrowed $30,000 on June 30, 2024. Principal and interest are due on June 30, 2025. This note is the company's ony interest beanng debt 2 . Insurance for the year on the company's office buidings is $90,000. The inturance is paid in advance. 3. On August 31, 2024. Yankel lent money to a customer. The customer signed a note with principat and interest at 9s due in one year Required: 1. What is the interest rate on the company's note payable? 2. The 2.024 insurance poyment was made at the beginning of which month? 3. How much did Yankel lend its customer on August 31