On 1/1/2012, Beth invests 100,000 into a 7-year certificate of deposit (CD) that earns simple interest at a constant rate of 8% per year. Beth calculated the effective rate of interest she earned from 1/1/2015 to 1/1/2016 as j. Beth's husband Todd invests 50,000 on 1/1/2012 in a 7-year CD that credits at an annual effective ratej. What is the value of Todd's CD when it matures? 63,000 A B 75,500 C 77,500 85,700 D