Lily took out a 5-year loan from the bank for $31,000 to purchase a new car. at the end of the loan, she had paid a total of $37,975. find the interest rate on the loan.

Janie has $3. she earns $1.20 for each chore she does and can do fractions of chores. she wants to earn enough money to buy a cd for $13.50. write an inequality to determine the number of chores, c, janie could do to have enough money to buy the cd.