Question: & Moving to another question will save this response. Question 16 A company is considering fiunding one of the projects that costs a $500,000. The

& Moving to another question will save this response. Question 16 A company is considering fiunding one of the projects that costs a $500,000. The company has the following options to borrow the money Option 1: 4 % per year compound interest Option 2: 4.0 % per year simple interest. The company plans to to pay the total amount due in a single payment at the end of 5 years. Match the following questions with the closest correct answers from the given list A $100,000 B. S608327 C. $600,000 D. $500,000 E. Option F$1000,000 L. ;-) what is the total amount to be paid in Option 1? 9 What is the total interest to be paid in Option 2 Which option the company should select? a gption 2 Moving to another question will save this response

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