Question: 2. If the TVM is the only consideration, what nominal rate will cause al of the banks to provide the same effective annual rate as

 2. If the TVM is the only consideration, what nominal rate

2. If the TVM is the only consideration, what nominal rate will cause al of the banks to provide the same effective annual rate as Bank A? Round yout answ decimal places, 3. Suppose you don't have the $4,000 but need it at the end of 1 year. You plan to make a series of deposts - annually for A, semiannualy for B, quarterly monthly for D, and daly for E - with payments beginning today. How large must the payments be to each bank? Round your answers to the nearest cent

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