Mathematics, 24.03.2021 22:20 lacyfigueroa

Roseanne has $500 that she wants to invest. She has the option to invest it at Capital Bank where the money will earn 5% interest compounded annually or
Central Bank that pays 5% simple interest.
If she leaves the money in the bank for 5 years how much more in dollars and
cents would she earn in interest at Capital Bank than she would earn at Central
Bank?
What is the answer

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Roseanne has $500 that she wants to invest. She has the option to invest it at Capital Bank where t...