**Problem 4: Borrowing Options for Bethany** Bethany determines she needs to borrow $10,000 to complete her Bachelor's degree. She can choose between two borrowing options: 1. Borrow the money at 5.5% simple interest for 4 years. 2. Borrow the money at 5% interest compounded continuously for 4 years. **Questions:** a. How much total interest would Bethany pay at 5.5% simple interest? Show all work. b. How much total interest would Bethany pay at 5% interest compounded continuously? Show all work. c. Which option results in less total interest being paid?

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