Procom began operations in 2018 and offers its employees 12 days of paid vacation per year. As of December 31, 2018, 50 employees had earned 12 days of vacation time but did not take any vacation days. As of December 31, 2019, 50 employees had taken 10 vacation days, on average, but had earned an additional 12 vacation days. If the average daily salary for these employees was $300 in 2018 and $320 in 2019, what is the total amount Procom will record to Salaries and Wages Expense related to vacation pay in 2019?

1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%