Question: Beatrice invests $ 1 , 3 9 0 in an account that pays 4 percent simple interest. How much more could she have earned over

Beatrice invests $1,390 in an account that pays 4 percent simple interest. How much more could she have earned over a 5-
year period if the interest had been compounded annually?
Multiple Choice
$23.15
$26.96
$33.70
$19.48
$115.74
 Beatrice invests $1,390 in an account that pays 4 percent simple

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