Question: Use the compound interest formulas A = P(1 + %)' and A = Pe to solve. Round to two decimal places. 1. Find the value

Use the compound interest formulas A = P(1 + %)"' and A = Pe to solve. Round to two decimal places. 1. Find the value of an investment of $16000 at 5.5% interest compounded quarterly for 5 years. 2. Find the value of an investment of $6000 at 4% interest compounded continuously for 8 years

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