Question: You have $ 4 7 , 1 2 8 to invest today and can choose an investment that offers either simple interest or compound interest

You have $47,128 to invest today and can choose an investment that offers either simple interest or compound interest at the rate of 6.56%. How much more will you earn with compound interest vs simple interest in 26 years? Enter your answer as a positive number and rounded to the nearest whole dollar.
You have $47,128 to invest today and can choose an investment that offers either simple interest or compound interest at the rate of 6.56%. How much more will you earn with compound interest vs simple interest in 26 years? Enter your answer as a positive number and rounded to the nearest whole dollar.

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