Stevie needs to borrow money for a new computer. She can borrow money from The Simple Bank (Simple interest) or Bank of the Compound
(Compound interest). What is the difference between the amount of
interest that Stevie will have to pay the banks back if they both offer 5%
interest for 8 years on $3,000?
O 3232.37
O
232.37
0 1432.37
5632.37