Fatima deposits $600 in an account that pays 3.65% annual interest compounded daily. Use the fact that there are approximately 3
1 answer:
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Answer:
(a)
(b) Yaw, Musa and Kofi
Step-by-step explanation:
Given
Solving (a): The cost of the business
First, we solve for the fraction of Musa
So, we have:
Make Total the subject
Solving (b): Partners in ascending order
First, represent the fractions as decimals
From the conversion above, the least is 0.1333 (Yaw), then 0.3111 (Musa), then 0.5556 (Kofi).
<em>So, the order is: Yaw, Musa and Kofi</em>