HW: Section 4.8 and 5.4 Assignment Char E Question 25 of 26 (1 point) | Question Attempt: 1 of Unlimited 14 15 16 17 18 19 20 21 22 23 24 25 Use the interest formula A = P(1 + " )" An investment offers 3.5% interest compounded weekly if the investor keeps the money untouched for a 4-year period. (This is known as a certificate of deposit.) Round your answers to the nearest cent. Part 1 of 2 (a) How much would an initial investment of $4000 be worth at the end of the initial 4-year period? At the end of the initial 4-year period, the $4000 would be worth $ 4600.88 Part: 1 / 2 Part 2 of 2 (b) If the investor decides to roll that new amount into another certificate of deposit with the same terms, find the value at the end of the second 4-year period. At the end of the second 4-year period, the value of the investment would be $ X