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Derek can deposit $ 2 0 2 . 0 0 per month for the next 1 0 years into an account at Bank A .
Derek can deposit $ per month for the next years into an account at Bank A The first deposit will be made next month. Bank A pays and compounds interest monthly. Derek can deposit $ per year for the next 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 years?
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