Question: 4: You work an internship over the summer and make $10,000 to save for a car, which you decide to put in a bank account,

4: You work an internship over the summer and make $10,000 to save for a car, which you decide to put in a bank account, so that you can purchase the car in 5 years. d) Comparing the simple interest of 3% versus the compounding interest of 2.75%, which is a better investment? Group of answer choices Simple interest of 3% Compound interest of 2.75%

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