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Third City Bank pays 12.42% with simple interest on its savings accounts, while Fourth City Bank pays 12.42% but with compound Interest paid quarterly (both

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Third City Bank pays 12.42% with simple interest on its savings accounts, while Fourth City Bank pays 12.42% but with compound Interest paid quarterly (both rates are APR), Hyou made a deposit of $11,000 Into Third City Bank, and a deposit of $13,000 into Fourth City Bank, and were invested for seventeen years, which of the following is correct? Multiple Choice You would have $38.760 30 more in your Fourth City Bank account You would love $40,040 25 more in your Fourth City Bank account You would have 500.517 more in your Fourth City Bank account Prav 42 of 45 fil Next >

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