Yes, because 6/7 is the same as 36/42 and 4/6 is the same as 28/42. It is easy to see that 6/7 is greater than 4/6
Answer:

Step-by-step explanation:
The amount formula in compound interest is:

where:
P = principal amount
r = annual interest
n = number of compounding periods
t = number of years
We already know that:
P = $2000

t = 7 (number of years from 6th to 13th bday)
n = 4 (quarterly in a year)
Then,

Answer:
1.05
Step-by-step explanation: