Find three banks that have retail branches in Los Angeles. For each, find the interest rate offered on a (1) regular savings account, (2) money market deposit account, (3) CD with a maturity of a year or less, and (4) a CD with a maturity more than a year. Try to make the characteristics of the accounts as close as possible across the banks.

Submit as a word document. The document should be written as a report or memo (i.e. not just a list of bullet points) and should discuss the differences between the interest rates offered and whether there is a pattern. There should be a table showing the different interest rates. Be sure that the rows and columns of the table are properly labeled. If you couldnt match the accounts exactly (in terms of maturity or other characteristics) explain how they differ and how it might affect the interest rates offered.