Question: ASAP PLEASE Bramble Corp. is constructing a building Construction began on January 1 and was completed on December 31. Expenditures were $6420000 on March 1,

ASAP PLEASE ASAP PLEASE Bramble Corp. is constructing a building Construction began on January

Bramble Corp. is constructing a building Construction began on January 1 and was completed on December 31. Expenditures were $6420000 on March 1, $5350000 on June 1, and $8150000 on December 31. Bramble Corp, borrowed $3240000 on January 1on a 5-year, 11% note to help finance construction of the building. In addition, the company had outstanding all year a 9%, 3-year, $6390000 note payable and an 10%, 4-year $12550000 note payable. What is the weighted average interest rate used for interest capitalization purposes? 10.00% 9.66% 9.8696 9.51%

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