Annual Rate : 9.0% compounding  periods per year: 2 Four Rivers Bank  Annual Rate : 8.0% compounding periods per year: 4 Mystic Bank 1. number of compounding periods-  2. Periodic interest rate- 3. FV factor used- 4. FV of amount - Four Rivers Bank 1. Number of compounding periods 2. periodic interest rate- 3 FV factor used  4. FV of amount-    Which bank gives the better deal?