10. Katherine O'Donnell obtained a personal loan of $ 3,000 at 14 percent for 24 months. The monthly payment is $ 144.00. What is the interest for the first payment?

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answer: 4  

the square root of 16 is 4. it is a very simple mathematic concept. a square root when a number multiplied by itself will result in a number. here, the number 16 comes when 4 is multiplied by 4. hence the square root of 16 is 4. you can always figure out a square root by the inverse operation of squaring.