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need help with both questions Note: You may refer to Table 7.2 The Serial Numbers for Each Day of the Year (Hummelbrunner et al., 2021,

need help with both questions
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Note: You may refer to Table 7.2 "The Serial Numbers for Each Day of the Year" (Hummelbrunner et al., 2021, p. 269270 ) for this question. (a) What is the interest rate paid if the interest on loan of $4500 is $148.93 from November 14 , 2023, April 14, 2024? (3 marks) (b) A loan of $4210 is to be repaid by three equal payments due in 90 days, 185 days, and 320 days. Determine the amount of equal payments at 8.25% p.a. with a focal date of today. (4 marks) Note: for leap yests, "February 29 bectnes day number 60 and the serial nunter for tach subsequent day la the table lnterases by 1. Copyright (1) 2021 Pearson Canada Inc

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