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Eight more than the quotient of a number and 5 is 4half of 4 times a numberthe sum of five and twice a numberA distributor sells a product for 62 to his customers in which his mark-up rate is 5%. What is the cost of the product? Be sure to round your answer to the nearest cent.2000 was deposited into an account with an APR of 4.3%. What is the balance after 5 year?