Frankenstein Enterprises received two notes from customers for sales that Frankenstein made in $2021.$ The notes included:

Note A: Dated $5/31/2021,$ principal of $$120,000$ and interest due $3/31/2022.$

Note B: Dated $7/1/2021,$ principal of $$200,000$ and interest at $8\%$ annually, due on $4/1/2022.$

Frankenstein had accrued a total of $$14,400$ interest receivable from these notes in its $12/31/2021$ balance sheet.

The annual interest rate on Note A is closest to:

Group of answer choices

$9\mathrm{.}44\%.$

$9\mathrm{.}14\%.$

$8\%.$

$9\mathrm{.}74\%.$