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The Continental Bank advertines capital savings at 5.4% compounded annually while TD Canada Trust offers premium savings at 5.15% compounded monthly Suppose you have $2000

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The Continental Bank advertines capital savings at 5.4% compounded annually while TD Canada Trust offers premium savings at 5.15% compounded monthly Suppose you have $2000 to invest for two years (a) Which deposit will earn more interest? (b) What is the difference in the amount of interest? (a) The savings account will eam more interest (b) The difference is (Round the final answer to the nearest cant as needed. Round all intermediate values to six decimal places as needed) Enter your answer in the answer box

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