Use the rule of 70 to estimate the years to double for an annual inflation rate of 8%. Your Answer: Answer Question 15 (6 points) Joe is buying some kitchen equipment for his apartment. The total cost is $2,500 and he places a down payment of 10%. With an add-on interest of 9% What is the total amount to be financed if he takes 1 years to pay for his purchase. Your Answer Answer View hint for Question 15 Question 16 (6 points Joe is buying some Kitchen equipment for his apartment. The total cost is $2.200 and he places a down payment of 10%. With an add-on interest of 49 What is the monthly payment he takes 4 years to pay for his purchase