Your business requests a 3-month loan for $$ \$ 500,000 $$. What will be the interest paid at the end of the term if the business risk percentage is assessed at $$ 2.2 \% $$ and LIBOR is at $$ 1.8 \% $$ ? Interest Paid $$ =\$[?] $$ Round to the nearest hundredth

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1. Se suman las tasas de interés para obtener la tasa anual efectiva:
   
   $$
   \text{Tasa efectiva anual} = 1.8\% + 2.2\% = 4.0\%
   $$

2. Se convierte la tasa porcentual a forma decimal:
   
   $$
   4.0\% = 0.04
   $$

3. Se determina el periodo del préstamo en años. Dado que el préstamo es a 3 meses, se tiene:
   
   $$
   \text{Periodo en años} = \frac{3}{12} = 0.25
   $$

4. Se calcula el interés pagado usando la fórmula:
   
   $$
   \text{Interés pagado} = \$500,000 \times 0.04 \times 0.25
   $$

5. Se realiza la multiplicación:
   
   $$
   \$500,000 \times 0.04 = \$20,000
   $$
   
   $$
   \$20,000 \times 0.25 = \$5,000
   $$

Por lo tanto, el interés pagado al final del plazo es:

$$
\boxed{\$5,000.00}
$$
El interés pagado al final del préstamo es \$5,000.00.

Your business requests a 3-month loan for \( \$ 500,000 \). What will be the interest paid at the end of the term if the business risk percentage is assessed at \( 2.2 \% \) and LIBOR is at \( 1.8 \% \) ? Interest Paid \( =\$[?] \) Round to the nearest hundredth

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