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You have $ 7 , 8 0 0 to deposit. Regency Bank offers 6 percent per year compounded monthly ( . 5 percent per month

You have $7,800 to deposit. Regency Bank offers 6 percent
per year compounded monthly (.5 percent per month), while
King Bank offers 6 percent but will only compound annually.
How much will your investment be worth in 19 years at each
Bank? (Do not round intermediate calculations and round
your answers to 2 decimal places, e.g.,32.16.)
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