Question 4 (18 points) The equation for compound interest is A = P.er t where Pis the initial amount invested, ris the interest rate as a decimal, and t is the number of years. Determine the value of the account if the initial investment is $8,000 compounded continuously at a rate of 6% after 10 years. $16,097.57 $14,576.95 $14,326.78 $8480.00 Question 5 (18 points) If the rate of an investment is 5%, the time is 12 years and the principle is $500; which investment would be worth the most? Simple Interest