After careful analysis, you and your business partner conclude that in order to finance your Robotics Start Up, you will need to have 15,000 approximately at the end of 3 years. After some research, you find that:

Bank of America offers you a 3% compound annual discount rate over 3 years

The European American Investment Bank offers you a compound annual discount rate of 5% over a period of 4 years.

The Italian Commercial Bank offers you a 4% compound annual discount rate over a 2 year period.

Which would be the best bank to invest in? Justify.