Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

You have $5,800 to deposit. Regency bank offers 12% per year compounded monthly (1% per month), while King bank offers 12% but will only compound annually. How much will your investment be worth in 20 years at each bank?

Sagot :

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.