Please help me with this, my teacher hardly covered it and I need help understanding it, thanks.

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

14. (05.02 lc) what is the value of y in the solution to the following system of equations? (5 points) 2x + y = −4 5x + 3y = −6

Convert the mixed numbers into improper fractions. convert the improper fraction to mixed numbers.