4.

Ashley wants to invest her 2019 tax return of $5,000. She will withdraw her money three years from now. Which bank should she use if she wishes to maximize her investment?

Bank D, which offers a rate of 7.5% compounded monthly.

Bank C, which offers a rate of 6% compounded annually.

Bank A, which offers a simple rate of 6%.

Bank B, which offers a simple rate of 7.5%.

Bank E, which offers a rate of 7.5% compounded annually.