Question: Please help me with question 5 and 11... It's basic simple interest but I am not getting the same answer as the answer key. Could

Please help me with question 5 and 11... It's basic simple interest but I am not getting the same answer as the answer key. Could please show me where I am making my mistake... Please see attached is the question and answer for question 5 and 11...

Please help me with question 5 and 11... It'sPlease help me with question 5 and 11... It'sPlease help me with question 5 and 11... It's
5. What was the interest rate if the interest due on a 9-month loan of $690,000 was $36,225?\fAnswers to Odd-Numbered Problems CHAPTER 15 SECTION I 1. a. $2,400; $26,400 b. $30; $630 c. $1,520; $58,520 d. $17; $817 e. $1 62; $2,562 3. a. $2,400; $26,400 c. $1,520; $58,520 e. $2,562; $162 5. 7% 7. 10 months or 300 days 9. 10% 11. $86,000 13. 6.25 years

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