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Jeff is planning to make an investment of $ 2 5 0 0 for a period of five years. Explain which of the following two

Jeff is planning to make an investment of $2500 for a period of five years. Explain which of the following two options will earn Jeff more interest and by how much? Option A: earning a simple interest rate of 3.6% per annum. Option B: earning a compound interest rate of 3.6% per annum compounded annually.

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