You are given a choice of taking the simple interest on $100.000 invested for 4 years at the rate of 2% or the interest on $100.000 invested for 4 years at an interest rate of 2% compounded quarterly. Which investment earns the greater amount of interest? Give the difference between the amount of interest earned by the two investments.

The investment with _________________compound or simple, interest earns $______ more in interest

(Round to the nearest cent as needed)