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An investor is considering two investment options. Option A offers a 4 % annual compound interest rate, and Option B offers a 3 . 7

An investor is considering two investment options. Option A offers a 4% annual compound
interest rate, and Option B offers a 3.75% annual compound interest rate with interest
compounded quarterly.
If the investor plans to invest $15,000 for 5 years, which option gains the most interest?
How much more interest does the better option gain? (round to the nearest cent) $
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