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A bank offers 1.5% p.a. on investments of $3000 to $79,999 and 2.00% on investments of $80,000 to $150,000 for 2-year to 4-year GICs.

A bank offers 1.5% p.a. on investments of $3000 to $79,999 and 2.00% on investments of $80,000 to $150,000 for 2-year to 4-year GICs. What additional amount can you earn from a $140,000 3-year GIC than from two $70,000, 3-year GICs?

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