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Third City Bank pays 11.26% with simple interest on its savings accounts, while Fourth City Bank pays 11.26% but with compound interest paid quarterly If

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Third City Bank pays 11.26% with simple interest on its savings accounts, while Fourth City Bank pays 11.26% but with compound interest paid quarterly If you made a deposit of $12,000 into Third City Bank, and a deposit of $12,000 into Fourth City Bank, and were invested for thirteen years, which of the following is correct? Multiple Choice You would have $33,264.18 more in your Fourth City Bank account You would have the same amount in each bank. You would have $34,438.38 more in your Fourth City Bank account search o RI E

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