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A certificate of deposit is worth P(1+r)' dollars after 1 years, where r is the annual interest rate expressed as a decimal, and P
A certificate of deposit is worth P(1+r)' dollars after 1 years, where r is the annual interest rate expressed as a decimal, and P is the amount initially deposited. Which investment will be worth more? Investment A, in which P = $7200, r = 4%, and z = 5 years or investment B, in which P = $6100, r = 6%, and t = 7 years. Round your answers to two decimal places. The value of the certificate for investment A will be i , and the value for investment B will be Imor
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