Question: please answer fast . thanks Derek can deposit $261.00 per month for the next 10 years into an account at Bank A The first deposit


Derek can deposit $261.00 per month for the next 10 years into an account at Bank A The first deposit will be made next month Bank A pays 13.00% and compounds interest monthly Derek can deposit $2,57700 per year for the next 10 years into an account at Bank B The first deposit will be made next year Bank B compounds interest any What rate must Bank B pay for Derek to have the same amount in both accounts after 10 years? Submit Answer format: Porcentage Round to: 4 decimal places (Example: 9.2434%, 9 sign required. Wil accept decima format rounded to 6 decimal places (ex: 0.092434)) 217 0 What is the value today of receiving $2,201.00 per year forever? Assume the first payment is made 100 years from today and the discount rate is 5.00% Submit Answer format: Currency: Round to: 2 decimal places 313 Derek will deposit $148.00 per year for 21.00 years into an account that earns 1400%. The first deposit is made today. How much will be in the account 210 years from today? Note that he makes 210 total deposits Submit Answer format: Currency. Round to 2 decimal places
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