Wow this is a complicated question okay. So interest is basically like the fee you pay or the bank pays you. If interest was lowered for the bank they would pay you less while if interest rates where lowered for you, you would pay less to the bank.
Answer:
The British economy suffered due to the decrease of colonists buying British goods
Answer:

Explanation:
This is called a series, to solve it you need to give the first hop which is going to move you 1/3 of the way, the you hop another time, this will move you 1/3 of the 2/3 missing, this means you have moved now:

and you are missing 4/9 of the way.
Next hope will move you 1/3 of the 4/9 missing, which is
, adding this to the path you have already moved is:

and you are missing 8/27 of the way.
The fourth hop is the same, one third of the missing path:
, and adding this to the traveled path:

and you are missing 16/81 of the way.
The last and fifth hop is again one third of the missing path:
, and adding this to the already moved way:

And you end here.