Question: Lucas must decide how to invest $4,000. He can deposit the money in a savings account that pays simple interest at a rate of

Lucas must decide how to invest $4,000. He can deposit the money in a savings account that pays simple interest at a rate of 5.25% annually, or Lucas can deposit the money in a CD accound paying 4.596 compounded annually. What will the difference in the account balances after 7 years? O. b Oc 200 d $1,470.00 $5.443.45 $3,973.45 $26.55

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