The correct answer for this problem is 700. This is because 0.07 is in the hundredths place. Marco got it wrong because he didn't count the place correctly.
12.

The answer would most likely be 5.11 or 11.5
Answer:
x > - 11/10
(I don't know if this is correct or not, if so i'm glad i helped!)
Interest rate = 5.25%
<u>Step-by-step explanation:</u>
Simple Interest = Pnr = 4252.50
n = time = 54 months = 4.5 years
r = rate of interest = ?
P = 18,000
r = SI/Pn = 4252.50 / 18000× 4.5
= 0.0525 = 5.25%