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Banking question 1 answer below » You have $6500 to deposit. Regency Bank offers 15 percent per year compounded monthly (1.25 percent per month), while King Bank offers 15 percent per month), while
King Bank offers 15 percent but will only compound annually. Required: How much will your investment be worth in 18 years at each bank? Regency bank __________
King Bank __________ Jan 18 2014 02:14 AM
