Question 859894
Who said bank A has less money deposited?
The two banks are loaning you money and charging you interest on the loan.
Bank A is charging less interest according to your figures.

S=P(1+.0565/12)^10*12 so about P(1.757) 
S = 17408. on 10000
S=P(1+.057/1)^10*1 so about P(1.7408) 
S = 17408. on 10000
They charge the same.