A certificate of deposit is worth P(1 + r)^2 dollars after

Last updated: 7/19/2022

A certificate of deposit is worth P(1 + r)^2 dollars after 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 t = 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 ,and the value for investment B will be