Current Attempt in Progress Vaughn Company is constructing a building Construction began on February 1 and was completed on December 31 . Expenditure were $1,968.000 on March 1, \$1.248,000 on June 1, and $3,076.020 on December 31 . Vaughn Company borrowed $1,145,430 on March 1 on a 5 -year, 13% note to help finance construction of the building in additicn the compary had outstanding all year a 9%,5-year, $2,433,900 note payable and an 10%,4year,$3,482,600 note payable Compute the weichted-average interest rate used for interest capitallization purposes: (Round arswer to 2 decinnal ploces, es 75sax ) Weighted-average interest rate Attempts: 0 of 1 used Vaughn Company is constructing a building Construction began on February 1 and was completed on December 31. Expenditures were $1,968,000 on March 1,$1,248,000 on June 1 , and $3,076,020 on December 31 . Vaughn Compary borrowed $1,145,430 on March 1 on a 5 -year, 13% note to help finance construction of the building In addition, the company had outstanding all year a 9%,5-year, $2,433,900 note payable and an 10%,4-year, $3,482,600 note payable. Compute the weighted-average interest rate used for interest capitalization purposes. (Round answer to 2 decinol placas, es. 7.586). Weighted-average interest rate 86 Current Attempt in Progress Vaughn Company is constructing a building Construction began on February 1 and was completed on December 31 . Expenditure were $1,968.000 on March 1, \$1.248,000 on June 1, and $3,076.020 on December 31 . Vaughn Company borrowed $1,145,430 on March 1 on a 5 -year, 13% note to help finance construction of the building in additicn the compary had outstanding all year a 9%,5-year, $2,433,900 note payable and an 10%,4year,$3,482,600 note payable Compute the weichted-average interest rate used for interest capitallization purposes: (Round arswer to 2 decinnal ploces, es 75sax ) Weighted-average interest rate Attempts: 0 of 1 used Vaughn Company is constructing a building Construction began on February 1 and was completed on December 31. Expenditures were $1,968,000 on March 1,$1,248,000 on June 1 , and $3,076,020 on December 31 . Vaughn Compary borrowed $1,145,430 on March 1 on a 5 -year, 13% note to help finance construction of the building In addition, the company had outstanding all year a 9%,5-year, $2,433,900 note payable and an 10%,4-year, $3,482,600 note payable. Compute the weighted-average interest rate used for interest capitalization purposes. (Round answer to 2 decinol placas, es. 7.586). Weighted-average interest rate 86