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Calculate the total interest that will be paid at maturity

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Problem 1: Moon Inc. borrowed $100,000 from the bank by entering into a 9-month note at 4% interest dated March 1, 2019. The fiscal year-end is December 31. Calculate the total interest that will be paid at maturity. Use days in your calculation. Do not use decimals.

Problem 2: Which of the following is not a voluntary payroll deduction?

a) Unions dues
b) Charitable donations
c) Private health and pension benefits
d) Employment Insurance

Reference no: EM132739565

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