Business
Business, 12.06.2020 02:57, cantuj723

You have $6,600 to deposit. Regency Bank offers 12 percent per year compounded monthly (1.0 percent per month), while King Bank offers 12 percent but will only compound annually. How much will your investment be worth in 17 years at each bank

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You have $6,600 to deposit. Regency Bank offers 12 percent per year compounded monthly (1.0 percent...

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