Question

You invest 2,000,00 in stock plan and another in a saving account the stock plan decreases by 7% the first year and gains 10% the second year the saving account earns a 3.7% APR and compounds annually what is the difference in earning between the stock and saving account at the end of the second year

Answer 1

After calculating the stock and savings account total I found out that the difference in earning between them is $104.738.