Answer:

Step-by-step explanation:
We have been given that your friend borrows $100 from you and promises to pay you back $109 in 8 months.
We will use simple interest formula to solve our given problem.
, where,
A = Amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
t = Time in years.
Convert 8 months to year:










Convert to percent:

Therefore, you are charging 12% APR to you friend.
It is the bottom right corner choice
Step-by-step explanation:
there are 10 possible combination
so P=10/36 = 0.2778
If the arrow is pointing downwards, it means it is negative (like the one in your picture). If the arrow points upwards, it is positive!! :)
Change it
you need to change it because you cant plot down that equation