Please select one of the choicesLester has $$25,000$ that he can deposit into a savings account for five years. Bank A compounds interest

annually, Bank B twice a year, and Bank C quarterly. Each bank has a quoted annual interest rate of $4\mathrm{.}00$

percent. What account balances at each bank would Lester have at the end of the fifth year if he leaves all the

interest paid on the deposit in each bank?

Bank B $-$ $$30,506\mathrm{.}00$

Bank A $-$ $$30,420\mathrm{.}00$

Bank C $-$ $$30,480,00$

Bank C $-$ $$30,505\mathrm{.}00$

Bank A $-$ $$30,417\mathrm{.}50$

Bank B $-$ $$30,475\mathrm{.}00$

Bank B $-$ $$30,505\mathrm{.}00$

Bank C $-$ $$30,417\mathrm{.}50$

Bank A $-$ $$30,475\mathrm{.}00$

Bank A $-$ $$30,475\mathrm{.}00$

Bank B $-$ $$30,417\mathrm{.}50$

Bank C $-$ $$30,505\mathrm{.}00$