Based on the amounts that their investments grew to, the answer is $9,216.09.
This can be found as:
= Amount x (1 + rate) ^ number of years
= 700 x ( 1 + 6%)⁴
= $883.73
Edward's investment after 4 years
= 8,000 x (1 + 6%)⁴
= $10,099.82.
Difference in investment
= 10,099.82 - 883.73
= $9,216.09.
Find out more on compounded interest at https://brainly.com/question/24924853.
