Kanye West invested $1,290 in an account that pays 4 percent simple interest. Kim Kardashian insists this would have been a much better investment if Kanye would have followed her suggestion to invest in an account with annually compounded interest. Over a 5-year period, how much more money could Kanye have earned if he had followed Kim's suggestion?

Multiple Choice

• $31.28

• $18.08

• $107.41

• $21.48

• $25.02