just final answer needed

Question 1 [5 points] Chauncey has forgotten the rate of simple interest he earned on a four-month term deposit at the bank. At the end of the four-month period, he received interest of $127.20 on his $10,600.00 deposit. What monthly rate of simple interest did his deposit earn? Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places For example 34.56% Monthly interest rate = 0.00 % Question 2 [5 points] Zoe was charged $258.50 interest on her bank loan for the period September 1 to October 15 of the same year. If the annual rate of interest on her loan was 3.25%, what was the outstanding principal balance on the loan during the period? For full marks your answer(s) should be rounded to the nearest cent. Click here for help computing the number of days between two dates. Outstanding principal balance = $ 0.00