Need asap! Thank you

4. Three years ago you bought a car for $22,000. The same car today costs $25,000. What was the increase in the selling price of the car? (7 points)

5. We invest $53,500 in a start-up company. We know that the value of the company will increase 12% per year. How long will we have to wait until we get at least $260,000? (Make sure you mention whether your answer is in years, months, days ). (7 points)