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Dirk ward borrowed $13000 for investment purposes on May 8 on a demand note providing for a variable rate of interest and payment of any

Dirk ward borrowed $13000 for investment purposes on May 8 on a demand note providing for a variable rate of interest and payment of any accrued interest on December 31. He paid $600 on June 15, $150 on September 19, and $1000 on November 15. How much is the accrued interest on December 31 if the rate of interest was 7% on May 8, 7.6% effective August 1, and 8.1% effective November 1?

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