Savings account100 shares x $9.75 = $975, then multiplied by 0.045 will result to $43.89.
Stock100 shares x $9.75 = $975, then multiplied by 0.08 will result to $78.00.
So, the difference between your stocks and savings account by end of the year is $34.11 ($78.00 deducted by $43.89).Your stock is gaining higher APR by $34.11 than what's calculated in your savings account.
I do not think we need to rewrite the first two numbers in the given above because they are already the simplest forms of themselves being whole numbers. However, the third number may be rewritten as 1/2 by dividing both numerator and denominator by 5 and the last one as 2/25 by dividing both numerator and denominator by 4.
55 minus 18 is 37 and then it would be 37,000 and then you just convert it so it is 37% of 100 (the answer is 37%)
