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On January 1st, Mitchell Mirrors lends Luanne Dufferin $20,000.00 at a 3% interest rate.Luanne will pay back $1,000.00 on the loan through payroll deductions at

On January 1st, Mitchell Mirrors lends Luanne Dufferin $20,000.00 at a 3% interest rate.Luanne will pay back $1,000.00 on the loan through payroll deductions at the end of eachmonth. The government-prescribed rates for the year are:QUARTERRATE1st3%2nd4%3rd3%4th5%Calculate Luannes monthly taxable benefit and her total taxable be

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