1) Bill intends to invest $1,000,000 for five years, at which time he will retire. He can deposit the funds in the Pacific Bank, which pays a rate of interest of 4%, compounded monthly. He can also deposit the funds in the Atlantic Bank, which pays a rate of interest of 3.8%, compounded daily. Which bank should he choose?

is means division by fractions

step-by-step explanation:

the correct option is 2.

step-by-step explanation:

according to the given information triangle abc is a right angle triangle with right angle at a. segment ab is 5 and segment ac is 7. point d is on segment bc and angles adb and adc are right angles.

it is given that triangles abd, cad, and cba are similar.

two triangles are similar if their corresponding sides are proportional.

in triangle cba, using pythagoras theorem

                      )

triangle abd and cba are similar,

                            (2)

triangle cad and cba are similar,

                      )

using (1), (2) and (3), we get

hence proved.

therefore option 2 is correct.