Tony deposits 1000 at the end of each year for 20 years in the Bank of Arcadia, which 8. pays an annual effective rate of interest of 12%. He takes out the interest at the end of each ye ar and deposits it in the Bank of liangsu, which pays an annual effective rate of interest of 3%. At the end of 20 years,he withdravis his balance from both banks What is his annual effective yield rate over the 20-year period