John wants to borrow $4,000 and has received the following offers from his local banks. Which offer would be least beneficial to John if he wants to repay the loan in one single payment two years from now?

A) Bank A, which offers a simple rate of 4%.

B) Bank B, which offers a simple rate of 5%.

C) Bank C, which offers a rate of 4% compounded annually.

D) Bank D, which offers a rate of 5% compounded annually.

E) Bank E, which offers a rate of 5% compounded monthly.