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Unanswered Derek can deposit $281.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next

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Unanswered Derek can deposit $281.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month. Bank A pays 15.00% and compounds interest monthly. Derek can deposit $2,551.00 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? not_submitted Attempts Remaining: Infinity Submit Answer format: Percentage Round to: 4 decimal places (Example: 9 2434% % Sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))

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