Meadow Company wants to invest its net profits of $$129,000$ for $5$ years in

either a credit union or a local bank. The credit union provides interest of

$9\mathrm{.}00\%$ compounded monthly, while the local bank provides interest of

$9\mathrm{.}13\%$ compounded semi$-$annually. Calculate the maturity value of the

investment with:

a$.$ Credit Union:

Round to the nearest cent

b$.$ Local Bank:

Round to the nearest cent

c$.$ Which of the two options will yield the highest returns?

a$.$ Credit Union

b$.$ Local Bank