You invest $1,900 in stock A and $1,900 in stock B. If you earn 9 percent on stock A and 6 percent on stock B and hold each security for 22 years, what 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 30 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. $
