Answer :
Answer:
By calculating the simple interest for both scenarios, it's determined that the 3-year investment at a 1.25% interest rate earns more interest ($187.50) compared to the 2-year investment at a 1.75% interest rate ($175).
Answer:
By calculating the simple interest for both scenarios, it's determined that the 3-year investment at a 1.25% interest rate earns more interest ($187.50) compared to the 2-year investment at a 1.75% interest rate ($175).