2A)

2B)

Compute the rate for the following loan. Round answers to the nearest tenth of a percent; use ordinary interest when time is stated in days. Do not enter the percent symbol in your answer. Rate(%) Time Interest Principal $5,700 % 5 years $1,100 Use the ordinary interest method to compute the time for the following loan. Round answers to the next higher day when necessary. Do not enter units in your answer. Do not round intermediate calculations. Rate (%) Time Interest Principal $7,900 11.2 101 days $244