Verified Answer :

  1. $7,370 - $5,500 = $1,870
    $    1,870/$5,500 = 0.34 0r 34%
    0.34/4 = 8.5%

    7.4.14 you take 2.88 and divide by twelve months to get monthly interest which gives you 0.24 and then times that by 575 and get 1.38 times that by 3 to get 4.14


    8.  4 years 775 times 0.03 = 23.25 times 4 = 93.00


    9.13950

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