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You have $9,200 to deposit. Regency Bank offers 6 percent per year compounded monthly (.5 percent per month), while King Bank offers 6 14 percent

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You have $9,200 to deposit. Regency Bank offers 6 percent per year compounded monthly (.5 percent per month), while King Bank offers 6 14 percent but will only compound annually How much will your investment be worth in 18 years at each Bank? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Investment value Regency Bank King Bank

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