Listen On January 1, 2023, Mrs. Caldwell receives a $100,000 loan from her employer to assist in purchasing a home. The loan requires annual interest at a rate of 1%, which she pays on December 31, 2023. Assume that the prescribed interest rate is 2% during the first quarter of 2022, 3% during the second quarter, and 1% during the remainder of the year. Calculate Mrs. Caldwell's employment benefit on this loan for 2023