7. Brenna needs to borrow $25,000 to buy a house. She has two payment options to choose from. Option 1: She can borrow the money at a rate 7.5% per year, compounded monthly, Options 2: She can borrow the money at a rate of 8.25% per year, simple interest. She must repay the loan after three years. Which option should Liz choose? How much money will she save? 16