Question $19(4$ points$)$

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 $2023.$