Kendra has $⁢4,000 to invest and is considering two different options for a 4 -year period. She can either invest in a compound interest account with a 3.5% annual interest rate or a simple interest account. To ensure both investments grow to the same amount, she needs to choose the correct simple interest rate. Based on the options below, select the simple interest rate that will match the final amount of the compound interest investment. Compound Interest Formula: A=P⁢(1+(r)/(n))^n⁢t Simple Interest Formula: A=P⁢(1+r⁢t)