chapter 16-06

You invest $1,600 in stock A and $1,600 in stock B, If you earn 12 percent on stock A and 5 percent on stock 8 and hold each security for 18 years, what are the terminal values for each investment? Round your answers to the nearest cent. Stock A: s Stock B: \$ If you continue to hold each security and earn the same returns for 26 years, how much more will stock A generate than stock B over the entire time period? (When you invest for retirement, you should think about the impact of returns over time.) Round your answer to the nearest cent