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Derek can deposit $269,00 per month for the next 10 years into an account at Bank A The first deposit will be made next month.

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Derek can deposit $269,00 per month for the next 10 years into an account at Bank A The first deposit will be made next month. Bank Apays 15.00% and compounds interest monthly Derek can deposit $2,565.00 per year for the next 10 years into an account at Bank B. The first deposit will be made next year Bank B compounds interest annually. What rate must Bank B pay for Derek to have the same amount in both accounts after 10 years? Sub Answer format: Percentage Round to deomapaces (Exam 23% required Wicep doma format rounded to 6 decimal acester 0 092030

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