Mathematics: 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? pls help

Roseanne has $500 that she wants to invest. She

kcarstensen59070

25.03.2021

638.14

Step-by-step explanation:

the equation is a=(1+r)^t

when you fill that u in u get a=(1+.05)^5 which equals 638.14

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elawnnalewis3568

17.06.2020

5 815/1000 + 6 21/1000
you could probably simplify that down though

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