Use the Formula $A = p \left( 1 + \frac { r } { n } \right) ^ { n t }$

Short Answer

Use the formula $A = p \left( 1 + \frac { r } { n } \right) ^ { n t }$ to find the amount for the investments. $13,600 for 5 years at 4.5% compounded semiannually. Please round the answer to the nearest cent. $A =$ $__________ $13,600 for 5 years at 4% compounded monthly. Please round the answer to the nearest cent. $A =$ $__________ Determine which investment amounts to more. __________