Jace is trying to determine how to invest $1,234.56 that he inherited from his cousin Elijah. He has the following options at his bank. Certificate of Deposit that pays 4.25% simple interest. Savings...

Jace is trying to determine how to invest $1,234.56 that he inherited from his cousin Elijah.  He has the following options at his bank.

Certificate of Deposit that pays 4.25% simple interest.
Savings Account that pays 3.95% compounded annually.
How much will the CD be worth if he left the money untouched for 30 years?

A) $2,808.66

B) $5,246.88

C) $4,303.23

D) $28,086.60