20 % increase from 20

Olivia uses the work below to determine 55% of 720 which explains the error in olivia’s solution

Sara needs to take a taxi to get to the movies the taxi charges $4.00 for the first mile and then $2.75 for each mile after that if the total charge is $20.50 then how far was sara’s taxi ride to the movie

A) if $50000 is invested in a bank account that pays 9.3% of interest compounded on a six-monthly basis, how much money will be in the account after 3 and 12 years? b) if matusalen's father had put $2.0 in the bank when he was born and there, how long would matusalen have had to his death (969 years later) if the interest was 7% per year composed each month and weekly?