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How much more would you earn in the first investment than in the second investment? $47,000 invested for 50 years at 12% compounded annually $47,000

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How much more would you earn in the first investment than in the second investment? $47,000 invested for 50 years at 12% compounded annually $47,000 invested for 50 years at 6% compounded monthly You would earn S more on the first investment than in the second investment (Round to the nearest dollar as needed.) Enter your answer in the answer box and then click Check Answer Clear A

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