Question: Can this be solved using excel functions? Please show work Juan invested $3,500 ten years ago with an insurance company that has paid him 2

Can this be solved using excel functions? Please show work

Juan invested $3,500 ten years ago with an insurance company that has paid him 2 percent simple interest on his funds. Jose invested $3,500 ten years ago in a fund that has paid her 2 percent interest, compounded annually. How much more interest has Jose earned than Juan over the 10 years? $40.80 0 $74.20 $66.48 $72.78 $64.12

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