Bank One offered a 20 -year certificate of deposit (CD) at 4.78% interest compounded quarterly. On the same day on the Internet, First Bank offered a 20 -year CD at 4.77% compounded monthly. Find the APY for each CD. Which bank paid a higher APY? The APY for the CD at Bank One is %. (Type an integer or decimal rounded to three decimal places as needed.) The APY for the CD at First Bank is \%. (Type an integer or decimal rounded to three decimal places as needed.) Which bank paid a higher APY? A. First Bank B. Bank One