Question: show all steps plsand pls show answer to 4 decimal places. one year have 365 days Question 7 (1 point) Listen You plan to invest

show all steps plsand pls show answer to 4 decimal places. one year have 365 days

Question 7 (1 point) Listen You plan to invest $10,000 for 180 days. Your bank offers a rate of 2.60% on 90-day GICs and 2.90% on 180 day GICS. How much more interest will you earn if you purchase a single 180-day GIC instead of two consecutive 90-day GICS? Remember that the interest earned from the first 90-day GIC will be invested in the second 90-day GIC along with the principal. Express your answer to 2 decimal places but do not include the $ sign. Your

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