Answer:
Option D
Step-by-step explanation:
To calculate compound interest we will use the formula :

Where,
A = Amount on maturity
P = Principal amount = $3000
r = rate of interest = 8.4% = 0.084
n = number of compounding period = Monthly = 12
t = time = 1 year
Now put the values in the formula.

= 
= 3000(1.007)¹²
= 3000 × 1.08731066
= 3261.93198 ≈ $3261.93
While the other bank compounds interest daily.
Therefore, n = 365
Now put the values in the formula with n = 365



= 3000 × 1.08761958
= 3262.85874 ≈ $3262.86
Difference in the ending balance = 3262.86 - 3261.93
= $0.93
The difference in the ending balances of both CDs after one year would be $0.93.
Answer:The roots of any quadratic equation is given by: x = [-b +/- sqrt(-b^2 - 4ac)]/2a. Write down the quadratic in the form of ax^2 + bx + c = 0. If the equation is in the form y = ax^2 + bx +c, simply replace the y with 0. This is done because the roots of the equation are the values where the y axis is equal to 0.
Step-by-step explanation:
The inequality the that is joined by and or or is called a Compound inequality. Compound inequality contains least two inequalities that are separated by either an or or. The graph to this inequality with an And represent intersection while the inequality that contains or represent the union.