Question: please explain this question Q4 Tika has $10 000 that he can deposit into a savings account for 5 years. ANZ pays compounds interest annually,

 please explain this question Q4 Tika has $10 000 that he

please explain this question

can deposit into a savings account for 5 years. ANZ pays compounds

Q4 Tika has $10 000 that he can deposit into a savings account for 5 years. ANZ pays compounds interest annually, Bankwest twice a year, and Bendigo quarterly. Each bank has a stated interest rate of 6 percent. What amount would Tika have at the end of the fifth year if he left all the interest paid on the deposit in each bank? a s Unanswered

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