Jess has $7,500 to invest. she is considering two investment options. option a pays 3% simple interest. option b pays 2.75% interest compounded annually. what is the value of each investment option at 15 years?

option a:  $3,375                        option b: $3,093.75

Step-by-step explanation:

amount   x  interest  =  total                                    total  x years = total

7,500 x 3%= 225                                               225 x 15 =3,375

7,500 x 2.75%= 206.25                                    206.25 x 15 = 3,093.75

answer: 2x + 2 − 2 = 10 − 2; subtraction property of equality

step-by-step explanation:

$79500

step-by-step explanation: