Sarah opens a savings account after her high school graduation. She opened
her savings account with the $825 she received in gifts from her friends and
family. If at the end of 4 years, her account balance is $907.50, which best
describes the terms of this investment?
A-$825 invested at 2.5% compound interest
B-$825 invested at 2.5% simple interest
C-$825 invested at 3% compound interest
D-$825 invested at 3% simple interest