Answer:
weighted average interest rate 10.61 %
Explanation:
construction capitalized interest  
  
mar-01  1,848,000.00 x 10/12  1,540,000.00 
jun-01  1,248,000.00 x 7/12     728,000.00 
dic-31  30,198,800.00 x 0     <u>       -              </u>
capitalization                     2,268,000.00 
  
especific borrowings  
$1,038,290 note at 13% =	134977.7	
capitalziation through non-specifit borrowings
2,268,000 - 1,038,290 =  1,229,710.00   
  
average rate  
loan                 rate     interest
2,241,900	10%      224,190	
3,500,300	11%      385,033	
5,742,200	609,223
average rate: 609,223/5,742,200 = 0.106095747
  
capitalized from non-specific:
1,229,710 x 10.61% =   130,467.00   
  
total interest capitalized =
134,977.7 + 130,467 =   265,444.70