Emily wants to buy a car. She has a choice between two different banks. One bank is offering a simple interest rate of 4.5% and the other bank is offering a rate of 4.5% compounded annually. Which is the better deal?

A.) a simple interest rate of 4.5%

B.) a compound interest rate of 4.5%

This activity will you meet these educational goals: mathematical practices-you will make sense of problems and solve them, reason abstractly and quantitatively, and usemathematics to model real-world situations. directionsread the instructions for this self-checked activity type in your response to each question, and check your answers. at theend of the activity, write a brief evaluation of your work.