You are considering opening a savings account at a local bank, which seems to be offering a good rate on one of their accounts. The account would pay interest monthly. You work out that if you put $1,250 in this account, you would have $1,385 in your account at the end of the year. What would the advertised rate on this account be? (Round your answer to three decimal places) A. 10.300% p.a. compounding monthly B.5.300% p.a. compounding monthly C.2.785% per month OD.3.375% per month OE. 10.300% p.a