12.

Second Union Bank pays 10 percent simple interest on its savings account balances, whereas Third Street Bank pays 10 percent compounded annually. If you made a $100,000 deposit in each bank, how much more money would you earn from your Third Street Bank account at the end of 10 years?

Group of answer choices

$59,374.25

$90,625.75

$159,374.25

$190,625.75

$259,374.25