will rate

Christopher decides to make a one-time investment of $28,000 for ten years at an interest rate of 10.8%, which will compound annually. Assuming Christopher can choose to either reinvest all of his earnings from the investment or decline to invest any of his earnings, what is the difference between simple and compound interests? \begin{tabular}{|l|} \hline$21,255.39 \\ \hline$18,254.24 \\ $19,842.85 \\ $18,326.65 \end{tabular}