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Scott has $4800 that he wants to invest for three years. He can invest this amount at his credit union and earn 496 simple interest

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Scott has $4800 that he wants to invest for three years. He can invest this amount at his credit union and earn 496 simple interest or he can open an account at Trust Bank and earn 3.65% interest, compounded annually, if he decides to invest at Trust Bank for three years, he will: oearn $15.02 more than if he had invested with his credit union. earn $30.98 less than if he had invested with his credit union earn the same amount as if he had invested with the credit union. have a total balance of $4992 in his account after one year

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