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 6.44 percent compounded annually Bank B: APR of 6.39 compounded semi-annually Bank C: APR of 6.26 compounded monthly Bank D: APR of 6.28 percent compounded daily Bank E: APR of 6.31 compounded continuously Bank E Bank C Bank D Bank A Bank B Sarah invested $4,000 five years ago and earns 5 percent interest on her investment. By leaving her interest earnings in her account, she increases the amount of interest she earns each year. The way she is handling her interest income is referred to as which one of the following? Compounding Simplifying Discounting Accumulation