c$.$ Calculate and explain the difference.

Data table

$($Click on the following icon $$ in order to copy its contents into a spreadsheet.$)$The reinvestment of capital gains and dividends can make a significant difference in your total return. Consider the following$$ situation, LOADING...$,$ to determine the difference reinvestment can make over a$5-$year period.

Assume all distributions are made on the last day of the year at the closing net asset value$($NAV$).$ Ignore tax consequences for the scenarios in a and b$,$ below.

a$.$ Calculate the ending investment value plus the total of distributions received assuming no reinvestment.

b$.$ Calculate the ending investment value assuming all distributions are reinvested.

c$.$ Calculate and explain the difference.