Question

Due today please help-

Answer 1

I believe the answer is D

Answer 2

Answer: D

Explanation:

You can either calculate what the rates will give, or try to compare them :

We have 5, 1 (hidden), and 3 as denominators, so 8*3*1 = 24

We'll take that as denominator.

Bank A :
`2.35 = (2.35*24)/(24)=(56.4)/(24)`

Bank B :
`2(1)/(3)=(1*2*8)/(3*8)=(16)/(24)`

Bank C :
`2(5)/(8) = (5*2*3)/(8*3) =(30)/(24)`

Bank D :
`2.61=(2.61*24)/(24) = (62.64)/(24\\)`

And now, let's compare the numerators !

`(16)/(24) < (30)/(24) < (56.4)/(24) < (62.64)/(24) \\Bank B < Bank C < Bank A < Bank D`