During a long vacation you got an internship position at Bartelby and managed to invest $5000 at EDC at 12%. What will be the difference between how much you would have at the end of 7years if the...

Extracted text: During a long vacation you got an internship position at Bartelby and managed to invest $5000 at EDC at 12%. What will be the difference between how much you would have at the end of 7years if the money is compounded compared to if simple interest is implied? O $1,653 O $1,954 O $1,754 O$1,853 lelu w is 3 ん う い ン