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Saved You have $5,800 to deposit Regency Bank offers 12 percent per year compounded monthly (1 percent per month), while King Bank offers 12 percent

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Saved You have $5,800 to deposit Regency Bank offers 12 percent per year compounded monthly (1 percent per month), while King Bank offers 12 percent but will only compound annually. How much will your investment be worth in 20 years at each bank? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Regency Bank King Bank 8 of 10 Ne

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