Write the Following Ratio as a Fraction in Lowest Terms $\frac{39}{1}$

question 77

Multiple Choice

Write the following ratio as a fraction in lowest terms. The ratio of dollars to people is 117 to 15.

• A) \(\frac{39}{1}\)
• B) \(\frac{1}{39}\)
• C) \(\frac{36}{5}\)
• D) \(\frac{39}{7}\)
• E) \(\frac{39}{5}\)

---

Definitions:

Interest

A charge for borrowed money, generally a percentage of the amount borrowed.

Maturity Value

The total amount payable to an investor at the end of a fixed-income security's life, including both the principal and interest.

Interest-bearing

Describes a financial instrument or account that generates interest income over time.

Notes Receivable

Claims against debtors documented through promissory notes that promise future payment of money.