
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
John invested \$70,000 for 5 years at an annual interest rate of 3% compounded yearly. Alice invested \$70,000 for the same period of time at the same interest rate, but her interest was compounded monthly. How much more money did Alice's investment earn than that of John?

Present the answer in LaTex format: \boxed{Your answer}
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