Question: Frankenstein Enterprises received two notes from customers for sales that Frankenstein made in 2018. The notes included: Note A: Dated 5/31/2018, principal of $120,000 and

 Frankenstein Enterprises received two notes from customers for sales that Frankenstein

Frankenstein Enterprises received two notes from customers for sales that Frankenstein made in 2018. The notes included: Note A: Dated 5/31/2018, principal of $120,000 and interest due 3/31/2019. Note B: Dated 7/1/2018, principal of $200,000 and interest at 8% annually, due on 4/1/2019. Frankenstein had accrued a total of $14,400 interest receivable from these notes in its 12/31/2018 balance sheet The annual interest rate on Note A, rounded to two decimal places, is: 12ptv Paragraph | BI V Avev Tau : O words

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