Bob invested $2,000 in fund A and $1,000 in fund B. Over the next two years, the money in fund A earned a total interest of 12 percent for the two years combined and the money in fund B earned 30 percent annual interest compounded annually. Two years after Bob made these investments, Bob's investment in fund A was worth how much more than his investment in fund B?


$500

$550

$600

$650

$700

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Prep2007E2-PS