Seth's current bank offers a 1-years certificate of deposit account paying 2% compounded semiannually. A competitor bank is also offering 2%, but compounded daily. If seth invests the $100,000, how much more money will he have in the second bank after one year, due to the daily compounding? (write your answer in this cell.) Show each step taken to obtain your answer. Press ALT+Enter to insert a line break within each cell. Amount of deposit in CD = $100,000 Rate of interest = 2% per year Compounded semi-annually rate of interest = 2/2 = 1% = 0.01 Fill in the information from the case Study in cells D23 - d26 for seth's current bank, and cells F23 - F26 for the competing bank. Use Excel's Future Value equation in cells D27 and F27 to determine how much money he will have in each account