Bob invested $2000 in fund A and $1000 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? Choose the correct choice from the following:
A) $ 500  B) $ 550  C) $ 600  D) $ 650  E) $ 700

Rationale: bob earned 2000 * ( 1 + 0.12 ) in total by fund a and earned 1000 * ( 1 + 0.3 ) ^ 2 in total by fund b . so 2000 * ( 1.12 ) - 1000 * ( 1.69 ) = 550 . the answer is , therefore , ( b ) .
Answer: B