You are considering investing $2,400 at an interest rate of 6.2% compounded annually for seven years or investing the $2,400 at 6.8% per year simple interest for seven years. Which option is better? The future value of Option 1 (6.2% compounded annually) is $(Round to the nearest dollar.) The future value of Option 2 (simple interest of 6.8% per year) is $(Round to the nearest dollar.) Select the correct choice from the drop-down menu below. is better