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** please show all work** Question 9rEAR versus rsimpul [2 points]: The First City Bank pays 6.6 percent interest, compounded annually, on time deposits. The
** please show all work**
Question 9rEAR versus rsimpul [2 points]: The First City Bank pays 6.6 percent interest, compounded annually, on time deposits. The Second City Bank pays 6.5 percent interest, compounded monthly. Based on effective interest rates, in which bank would you prefer to deposit your money? Question 10rtak versus rsimax [2 points]: Krystal Magee invested $150,00018 months ago. Currently, the investment is worth $179,422. Krystal knows the investment has paid interest every month, but she doesn't know what the yield on her investment is. Help Krystal. Compute both the annual percentage rate (APR), rssmo, and the effective annual rate (EAR), rias Step by Step Solution
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