You have $5,600 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 D, respectively, are given below. What is the EAR for each bank? Which bank should you select if your goal is to maximize your interest income? Bank A. APR of 4.21 percent, compounded annually Bank B. APR of 4.45 percent, compounded monthly Bank C. APR of 4.57 percent, compounded semi-annually Bank D. APR of 4.25 percent, compounded quarterly