On April 30, 2018, Citibank loaned 900,000 to GeorgeCleaning, Inc., on a one-year, 10 percent note.

Interest for 2018: 60,000

Interest for 2019: 30,000

I am having issues with the last portion, how much in total would GeorgeCleaning, Inc., pay the bank if it pays off the note early on November 30, 2018?

On April 30, 2018, Citibank loaned $900,000 to George Cleaning, Inc., on a one-year, 10 percent note. Read the requirements. Requirement 1. Compute the interest on the note for the years ended December 31, 2018, and December 31 2019. Round interest calculations to the nearest dollar. Start by determining the formula needed to compute interest. Principal Interest rate Time Amount of interest Now determine interest for the years ended December 31, 2018 and 2019, on the George Cleaning note Interest for 2018: $ 60,000 Interest for 2019: $ 30,000 Requirement 2. Which party has a. a note receivable Citibank b. a note payable: George Cleaning c. interest revenue: Citibank d. interest expense: George Cleaning Requirement 3. How much in total would George Cleaning, Inc., pay the bank if it pays off the note early on November 30, 2018? Total amount paid would be