Daniel White borrowed $5,000 for 80 days. At the due date, he paid $70 interest and repaid all of the principal. What was the ordinary simple interest rate (360-day year) that was charged on the loan? (To nearest 1/10 of a percent.) 6.0% 6.5% 1.4% 6.3%After getting a bonus, a raise, and a promotion to senior account executive, Daisy Chu bought a new car. With her old car as a trade-in and her bonus as an additional down payment, Daisy needed to borrow $16,000. Her credit union amortized the loan over four years at 9%. Use Table 14-1 to determine the size of Daisy's monthly payment. $389.16 $398.16 $423.56 $4,075.28