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13. The four common payroll taxes levied against employers are: 1. 2. 3. 4. 57. A 90-day, 15% note for $100,000 dated March 10, payable

13. The four common payroll taxes levied against employers are:

1.

2.

3.

4.

57. A 90-day, 15% note for $100,000 dated March 10, payable to Rocky Mountain Bank & Trust, is signed by Paul Co.

5. The maturity date of the note is

6. The interest payable at the maturity date is

$

7. The maturity value of the note is

89. Assume that the note referred to in Question 57 was not interest-bearing but was discounted at Third Bank & Trust at a rate of 10%.

8. The amount of the discount is

$

9. The amount of the proceeds is

89. Assume that the note referred to in Question 57 was not interest-bearing but was discounted at Third Bank & Trust at a rate of 10%.

8. The amount of the discount is

$

9. The amount of the proceeds is

$

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