Question: PLEASE SHOW WORK Bank-Keys charges 3.4% interest compounded semi-annually on any borrowing over a year, while Bank-Hunted charges 3.596 interest compounded daily. You need $15,000

PLEASE SHOW WORK

Bank-Keys charges 3.4% interest compounded semi-annually on any borrowing over a year, while Bank-Hunted charges 3.596 interest compounded daily. You need $15,000 for 5-year. From which bank would you borrow money? Prove your answer. Note: Saying will borrow money because Bank-X is cheaper, or will pay less kind of statement is not acceptable. (You must prove your answer! You must show how you reach to your conclusion.)

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