Angela has deposited \(\$8,\!000\) into an account that pays \(6\%\) interest compounded annually.
Bob has deposited \(\$10,\!000\) into an account that pays \(7\%\) simple annual interest.
In 20 years Angela and Bob compare their respective balances. To the nearest dollar, what is the positive difference between their balances?
I know that this is a repost but the other answer was wrong.
Thank you
