Joseph has $10,500 to invest. He initially chose a simple annual interest rate of 5%
for four years, but decided to consider
other options. Which of the following
changes will increase the interest he
earns the most?
F Simple interest, 4.75%, 4.5 years
G Simple interest, 5.25 %, 4 years
H Simple interest, 5%, 4.25 years
3 Compound interest, 5%, 4 years