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Problem 16-06 You invest $2,400 in stock A and $2,400 in stock B. If you earn 12 percent on stock A and 4 percent on

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Problem 16-06 You invest $2,400 in stock A and $2,400 in stock B. If you earn 12 percent on stock A and 4 percent on stock B and hold each security for 13 yea are the terminal values for each investment? Round your answers to the nearest cent. Stock A:$ Stock B: If you continue to hold each security and earn the same returns for 22 years, how much more will tock A generate than stock B over the entire time perlod? (When you invest for retirement, you should think about the impact of returns over time.) Round your answer to the nearest cent

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