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Derek can deposit $274.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month

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Derek can deposit $274.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month BankA pays 15.00% and compounds interest monthly Derek can deposit $2.587.00 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? Answer format: Percentage Round to: 4 decimal places (Exampie 9.2434%.96 sign requined Woul accept decimal format rounded to 6 decimal places (ex 0 092434))

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