Question: Grade 11 math please answer as detailed as possible and clear as possible. Compound and Simple Interest 2. Winnie needs a new washer and dryer

Grade 11 math please answer as detailed as possible and clear as possible. Compound and Simple Interest
Grade 11 math please answer as detailed as possible and clear as

2. Winnie needs a new washer and dryer and he finds one for $2112. He puts $500 up front but needs to take out a loan for the remaining amount. After a year and a half, he has paid off the loan that totaled to $1879. What was the annual interest rate that Winnie was being charged if it was compound semi-annually

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