MC algo 4-3 Simple Vs. Compound Interest You can invest in an account that pays simple interest or an account that pays compound interest. In either case, you plan to invest $3,300 today and both accounts have an annual interest rate of 7 percent. How much more interest will you receive in the 8th year in the account that pays compound interest? Multiple Choice 0 $139.94 0 $152.79 0 $231.00 $231.00 0 $153.61 0 $157.10 S15710