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010 Derek can deposit $244.00 per month for the next 10 years into an account at Bank A. The first deponit will be made next

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010 Derek can deposit $244.00 per month for the next 10 years into an account at Bank A. The first deponit will be made next month. Bank A pays 15.00% and compounds interont monthly. Derek can deposit $2,499.00 per year for the next 10 years into an account at Bank B. The first deposit will be made next year. Bank B compounds interest annually. What rate must Bank B pay for Derek to have the same amount in both accounts after 10 years? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434) Derek wants to withdraw $11.861.00 from his account 8.00 years from today and $12,304.00 from his account 11.00 years from today. He currently has $3,406.00 in the account. How much must he deposit each year for the next 110 years? Assume a 5.90% interest rate. His account must equal zero by year 11.0 but may be negative prior to that Submit Answer format: Currency: Round to: 2 decimal places. Luis

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