Remember
difference of 2 perfect squares
a^2-b^2=(a-b)(a+b)
and the undistributiv propeoryt
ab-ac=a(b-c)
so we have

undistribute and factor

cancel out the one ( (u-2)/(u-2)=1)

is result
For one pack of guitar strings, it cost $14.00
A=p(1+i/m)^mn
A=6,200×(1+0.0277÷52)^(52×8)
A=7,737.59
Interest earned=7737.59-6200=1537.59