Bank A offers you a savings account that earns a nominal annual rate of $7\mathrm{.}65$ percent, compounded quarterly. Bank B offers you a savings account that earns $7\mathrm{.}78$ percent, compounded annually. Which bank should you choose to open a savings account?

A$.$ Neither, because you will not earn interest with either account.

B$.$ Bank B$.$

C$.$ Indifferent between Bank A and Bank B$.$

D$.$ You can't make a decision based on the information.

E$.$ Bank A$.$