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You have $5,200 to deposit. Regency Bank offers 9 percent per year compounded monthly (.75 percent per month), whilie King Bank ofens G percent bul
You have $5,200 to deposit. Regency Bank offers 9 percent per year compounded monthly (.75 percent per month), whilie King Bank ofens G percent bul d anualy Required: How much will your investment be worth in 17 years at each bank? (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g, 32.16).) Bank name Investment value King bank
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