Stacy is borrowing $5,000 at 4.25% interest for 5 years. she can choose simple interest or compound interest. which one will allow her to owe the least amount of money in interest over those 5 years?
question 1 options:

simple interest

compound interest

simple interest

Step-by-step explanation:

For simple interest she will pay

4.25%of $5,000 =$212.5+$5000

=$5212.2 every year for 5 years

For compound interest

She will pay

4.25% of $5,000 =$5212.2 first year

4.25%of $5212.2 second year and so it keeps compounding till 5 years

answer: 8d

step-by-step explanation:

45+5= 50+5=55+5=60

$54.99

step-by-step explanation:

$54.99 includes 500 min. if she does not exceed 500 min then her bill is $54.99