Please Help Bethany needs to borrow $12,000. She can borrow the money at 6.5% simple interest for 4 yr or she can borrow at 4% with interest compounded continuouslyfor 4 yr.(a) How much total interest would Bethany pay at 6.5% simple interest?(b) How much total interest would Bethany pay at 4% interest compounded continuously?(c) Which option results in less total interest?Part 1 of 3(a) How much total interest would Bethany pay at 6.5% simple interest?At 6.5% simple interest, the total interest Bethany would pay is $Part 2 of 3(b) How much total interest would Bethany pay at 4% interest compounded continuously?At 4% interest compounded continuously, the total interest Bethany would pay is $ (c) Which option results in less total interest?(Choose one)Vresults in less total interest.6.5% simple interest for 4 yr4% interest compounded continuously for 4 yr

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Bethany needs to borrow $12,000. She can borrow the money at 6.5% simple interest for 4 yr or she can borrow at 4% with interest compounded continuously for 4 yr. (a) How much total interest would Bethany pay at 6.5% simple interest? (b) How much total interest would Bethany pay at 4% interest compounded continuously? (c) Which option results in less total interest? Part 1 of 3