Sally = 1/3
Jerry = 5/6
David = 1/2
Mona = 1 - 7/8 = 1/8
So, the biggest fraction among them is 5/6.
Jerry has completed the most work time.
Answer:
Please see above
Step-by-step explanation:
I have to right stuff here but the answer is above.
Answer:
a.) 4
Step-by-step explanation:
a.)4
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.