Melvin Indecision has difficulty deciding whether to put his

savings in Mystic Bank or Four Rivers Bank. Mystic offers $20\%$

interest compounded semiannually. Four Rivers offers $12\%$ interest

compounded quarterly. Melvin has $$12,300$ to invest. He expects to

withdraw the money at the end of $6$ years.

Calculate interest for each bank and identify which bank gives

Melvin the better deal? $($Use

the$$Table$$provided$.)($Do not round

intermediate calculations.$$Round your answers

to the nearest cent.$)$