please help

8 Melvin Indecision has difficulty deciding whether to put his savings in Mystic Bank or Four Rivers Bank compounded semiannually. Four Rivers offers 16% interest compounded quarterly, Melvin has $10,700 to invest. He expects to withdraw the money at the end of 4 years. Calculate interest for each bank and identify which bank gives Melvin the better deal? (Use the Toble provided.) (Do not round intermediate calculations. Round your answers to the nearest cent.) Mystic Four Rivers Better deal Interest Book