Answer:
a) $8480
b) $8273.17
Step-by-step explanation:
1) Notation
P the principal amount = $8000
Time for maturity = 9 months
I = 8% = 0.08 the simple interest
2)Formulas to use
Future value with simple interest
(1)
Where i represent the annual rate of interest, on this case since we have on 1 year 12 months we can do this:

3) Part a
Now we can replace in formula (1)

So then the value for the Certificate of deposit at the maturity would be $8480.
4)Part b
If the friend earns 10% annual simple interest, then the amount that Bill will recieve would be the present value from formula (1) with a future value FV= 8480
If we solve PV from equation (1) we got
(2)
Where i would represent the following value

Since three months before the CD was due to mature, Bill needed his CD money, he just earns 3 months for the total of 12 in a year.
Then replacing into equation (2) we got: