Question: please help will like Frankenstein Enterprises received two notes from customers for sales that Frankenstein made in 2021. The notes included: Note A: Dated 5/31/2021,

please help will like
please help will like Frankenstein Enterprises received two notes from customers for

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 $130,000 and interest due 3/31/2022. Note B: Dated 7/1/2021, principal of $210,000 and interest at 7% annually, due on 4/1/2022. Frankenstein had accrued a total of $15,800 interest receivable from these notes in its 12/31/2021 balance sheet. The annual interest rate on Note A is closest to: Multiple Choice 11.14% 1174% 1144 700

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