Assume you visita Checks R Us to see what their rates are on toons. If they quote an APR of 19.3060%, and they charge interest each month, what is your effective annual rate if you take loans out for the full year? Multiple Choice 10.8070 103060 0.1081 0.8622 10,8395% Third City Bank pays 1170% with simple interest on its savings accounts, while Fourth Cty Bank peys 70% but with compound Interest paid quarterly (both rates are APR) If you made a deposit of $13,000 Into Third Chy Bank, and a deposit of $13,000 ito Fourth Cry Bank, and were invested for teen years, which of the following is correct? Multiple Choice You would have the same amount in each bank You would have $87,94118 more in your Fourth Cay Bank account You would have $44,90138 more in your Fourth Cay Bank account, You would have $36,65116 more in your Fourth Cty Bank account You would have $39.011.38 more in your Fourth Chy Bank account