Question: I need help solving this problem, please show your work, Thank you! You have $1,000 to deposit. Stanley Bank offers 5.4 percent per year compounded

I need help solving this problem, please show your work, Thank

I need help solving this problem, please show your work, Thank you!

You have $1,000 to deposit. Stanley Bank offers 5.4 percent per year compounded monthly (0.45% per month), while Grey Bank offers 5.4 percent but will only compound annually (5.4% per year). How much will your investment be worth in 10 years at each bank

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