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Third City Bank pays 11.14% with simple interest on its savings accounts, while Fourth City Bank pays 11.14% but with compound interest paid semi-annually (both

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Third City Bank pays 11.14% with simple interest on its savings accounts, while Fourth City Bank pays 11.14% but with compound interest paid semi-annually (both rates are APR). if you made a deposit of $8,000 into Third City Bank, and a deposit of $8,000 into Fourth City Bank, and were invested for eleven years, which of the following is correct? Multiple Choice You would have $16,558.99 more in your Third City Bank account. You would have $16,558.99 more in your Fourth City Bank account

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