
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
Anthony takes an $8,000 loan to start a small business. The annual interest rate on the loan is 10%. He makes no payments for 5 years, but has to pay back all the money he owes at the end of 5 years. How much more money will he owe if the interest compounds semi-annually than if it compounds annually?

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