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Dirk Ward borrowed $13,000.00 for investment purposes on May 26 on a demand note providing...

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Accounting

Dirk Ward borrowed $13,000.00 for investment purposes on May 26 on a demand note providing for a variable rate of interest and payment of any accrued interest on December 31. He paid $1000 on June 5, $100 on September 27, and $900 on November 24 How much is the accrued interest on December 31 if the rate of interest was 5% on May 26,56% effective August 1, and 585% effective November 1?
The accrued interest on December 31 is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to sox decimal places as needed)
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