Answer :
if the rate is 4.5%/ month
so, it is 1000 x 4.5 ) / 100 = $45
if the rate is 3.75%/ month,
so it is 1000 x 3..75 ) / 100 = $37.5
so the answer is $45 - $37.5 = $7.50 more
so, it is 1000 x 4.5 ) / 100 = $45
if the rate is 3.75%/ month,
so it is 1000 x 3..75 ) / 100 = $37.5
so the answer is $45 - $37.5 = $7.50 more