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VERSION BACK NEXO Briarcise 103 Drame Company is constructing building Construction began on February and was completed on December 31 Expenditures were $1,824,000 on March

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VERSION BACK NEXO Briarcise 103 Drame Company is constructing building Construction began on February and was completed on December 31 Expenditures were $1,824,000 on March 1, $1,224,000 on unel, and $3,000 540 on December Date Company borrowed 1.002,00 March on a 5 year, 13% rote to help finance construction of the building in dition, the company had outstanding all year 5 year, 52,016,800 rote payable and a 10%, 4 year, 5),555,500 note payable Compute the weighted average interest rate used for interest casi o n purposes (Round answer to decimal . ) Weighted average interest rate

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