Frankenstein Enterprises received two notes from customers for sales that Frankenstein made in $2024.$ The notes included:

Note A: Dated $5/31/2024,$ principal of $$132,000$ and interest due $3/31/2025.$

Note B: Dated $7/1/2024,$ principal of $$220,000$ and interest at $8\%$ annually, due on $4/1/2025.$

Frankenstein had accrued a total of $$16,000$ interest receivable from these notes in its $12/31/2024$ balance sheet.

The annual interest rate on Note A is closest to:

Multiple Choice

$8\mathrm{.}00\%.$

$9\mathrm{.}95\%.$

$9\mathrm{.}35\%.$

$9\mathrm{.}65\%.$