$7$ Your bank offers you a choice of three savings accounts with identical terms except the rates differ. One account pays an APR of $4\%$ with monthly compounding. The second account pays an APR of $4\%$ with semiannual compounding. The third account pays an APR of $4\%$ with quarterly compounding. Which would a financial advisor tell you to pick?

$-$ APR of $4\%$ with monthly compounding

$-$ All three pay $4\%$ APRs so it doesn't matter which I pick

$-$ APR of $4\%$ with semiannual compoundin

$-$ APR of $4\%$ with quarterly compounding