Final answer:
To determine which bank offers a higher interest rate for a $5,300 deposit, it would be necessary to compare the interest rates offered by Regency Bank and King Bank.
Step-by-step explanation:
The question asks which bank offers a higher interest rate for a $5,300 deposit. In order to answer this question, we need information about the interest rates offered by Regency Bank and King Bank. Unfortunately, the given information does not provide this information.
In general, banks offer different interest rates for deposits based on various factors such as the size of the deposit, the type of account, and the bank's current interest rate policy. To determine which bank offers a higher interest rate for a $5,300 deposit, it would be necessary to compare the interest rates offered by Regency Bank and King Bank.
I would recommend checking the websites or contact the customer service of both banks to get the most up-to-date information on their interest rates.