+193 Cedric has deposited $\$12,\!000$ into an account that pays 5% interest compounded annually.
Daniel has deposited $\$12,\!000$ into an account that pays 7% simple annual interest.
In $15$ years Cedric and Daniel compare their respective balances. To the nearest dollar, what is the positive difference between their balances?
+36916 Cedric balance 12000 (1+ .05)15
Daniel balance 12000 + 12000 x .07 x 15 you can take it from here 
