Caitlyn took out a $36,000 student loan with a fixed interest rate to pay for college. Caitlyn did not make payments on her loan for a period of 9 years. After this time period interest had accrued, resulting in the loan balance increasing to $63,000.

1. What is is the 9-year growth factor for the amount that Caitlyn owes on the loan?

2. What is the 9-year percent change for the amount that Caitlyn owes on the loan?

   %

3. What is is the 1-year growth factor for the amount that Caitlyn owes on the loan?

4. What is the 1-year percent change for the amount that Caitlyn owes on the loan?

   %