You have $3,700 that you want to use to open a savings account. There are five banks located in your area. The rates paid by banks A through E, respectively, are given below. What is the effective rate offered by each of the banks? Bank A offers 4.35 percent APR, compounded annually. EARA= Bank B offers 3.55 percent APR, compounded monthly. EARB=% Bank C offers 5.33 percent APR, compounded semiannually. EAR=% Bank D offers 4.39 percent APR, compounded continuously. EARD= Bank E offers 5.30 percent APR, compounded quarterly EARD= If your goal is to maximize your interest income, what should your account balance be after one year? (Be sure to use the full. unrounded value for your interest rate)