Scott harris can invest $7,000 in a 1-year cd that earns interest at an annual rate of 4 percent compounded monthly. the amount per $1.00 is 1.040742. he can also invest $7,000 in a 1-year cd at annual rate of 4 percent compounded quarterly. the amount per $1.00 is 1.040604. what is the difference in the amount of interest earned for each investment? a) $0.96 b) $0.81 c) $0.87 d) $0.88
Val and tony get paid per project. val is paid a project fee of $44 plus $12 per hour. tony is paid a project fee of $35 plus $15 per hour. write an expression to represent how much a company will pay to hire both to work the same number of hours on a project.