document.write( "Question 1175043: How much more would you earn in the first investment than in the second​ investment?
\n" ); document.write( "​
\n" ); document.write( "$47,000 invested for 50 years at 12​% compounded annually
\n" ); document.write( "​$47,000 invested for 50 years at ​6% compounded monthly\r
\n" ); document.write( "\n" ); document.write( "You would earn ​$ nothing more on the first investment than in the second investment.
\n" ); document.write( "

Algebra.Com's Answer #800593 by Solver92311(821)\"\" \"About 
You can put this solution on YOUR website!
\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Future Value:
\n" ); document.write( "Present Value:
\n" ); document.write( "Annual Interest Rate (as a decimal):
\n" ); document.write( "Number of compounding periods per month:
\n" ); document.write( "Number of years of the investment: \r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Plugin the numbers and do the arithmetic for each situation and compare the answers.\r
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "John
\n" ); document.write( "
\n" ); document.write( "My calculator said it, I believe it, that settles it
\n" ); document.write( "\r
\n" ); document.write( "\n" ); document.write( "From
\n" ); document.write( "I > Ø
\n" ); document.write( "
\n" ); document.write( "
\n" );