Theodore believes he understands the concept of Simple Interest. He is however stumped on the following question and has asked for your help to solve it: If he puts $3,000 in his savings which pays simple interest of 7% per annum, how long does his money have to be earning interest if the maturity value of his savings comes to $4,050? Question 4 Select one: a. 4 years b. 2 years c. 3 years d. 5 years