The transportation improvements allowed industrialist to "" raw material to rural workers to be turned into finished cloth which contributed to the increased industrial production of textiles.

The transportation improvements allowed industrialist to "cheaply and easily move" raw material to rural workers to be turned into finished cloth, which contributed to the increased industrial production of textiles.

Before the improvement in transportation, it took months to transport cloth from one place to another. Now they can move the cloth without wasting much time and take advantage of cheap labor in the rural areas. This all helps to increase production.  

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23