Answer:
$ 1813
Step-by-step explanation:
Given,
Investment of Kevin, = $ 49000,
Rate of interest = 1.9 % annually,
Thus, his interest, = 1.9% of 49000
Hence, Kelvin's amount after 1 year,
Now, Investment of Charles, = $ 49000,
Rate of interest = 5.6 % annually,
Thus, his interest, = 5.6% of 49000
Hence, Kelvin's amount after 1 year,
Therefore, after 1 year Kevin has $1813 more than Charles.