Sarah wants to invest $6,000 for three years. Which one of the following will provide her with the largest future value? 5 percent interest, compounded annually 3 percent simple interest 3 percent interest, compounded monthly 5 percent interest, compounded monthly Your parents just gave you a gift of $4,000. You are investing this money for 7 years at 6 percent interest. How much money will you have at the end of the 7 years? $5,107.30 $6,319.49 $6,014.52 $5,816.42