Suppose you saw a sign at your local bank that said, "8.2K rate compounded quarterly - 8.8% Annual Percentage Yield (APY)" is there anything wrong with the tign? Explain. Solect the cortect choice below and, if necessary, fill in the antwer bex to cornplete your choice A. Yos. The APY is incorrect. The conect APY is (Round to the nearets hundretth as neoded) B. Yes. The number of compounding penods is incorrect interest ahould be compounded daty C. Na. The information on the sign is correct