6. $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
