Jess has $7,500 to invest. She is considering two investment options. Option A pays 3% simple interest. Option B pays 2.75% interest compounded annually. What is the value of each investment option at 15 years?
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Home » Mathematics » Jess has $7,500 to invest. She is considering two investment options. Option A pays 3% simple interest. Option B pays 2.75% interest compounded annually. What is the value of each investment option at 15 years?