You are considering investing your money in a bank certificate of deposit (that is, lending money to a bank). You have received the following quotations from four banks. Which bank should you select?

Bank A: APR of 5.44 percent compounded annually

Bank B: APR of 5.39 compounded semi-annually

Bank C: APR of 5.26 compounded monthly

Bank D: APR of 5.28 percent compounded daily

Bank E: APR of 5.31 compounded continuously

Group of answer choices

Bank B

Bank E

Bank C

Bank A

Bank D