Answer:
x=2
Step-by-step explanation:
The diagram is attached below
TU=TW+WU
x+7=3+WU
WU=x+7-3
WU=x+4
To determine the value of x, we apply the theorem of intersecting chords.
TW X WU = CW X WV

Use a porportion to help better and speed up the process
Interest=1250-880=370
I=PRT
P=principal
r=rate in deicmal
t=time in years
1 month so t=1/12
P=880
I=370
370=880*r*1/12
370=220/3r
times both sides by 3
1110=220r
divdie both sides by 220
5.04545=r
505% interest