Andover Bank and Lowell Bank each sell 1-year certificates of deposit (CDs). The interest rates on these CDs are given in the following table for a 3-year period. 

Suppose you deposit $1,000 in a CD in each bank at the beginning of 2020. At the end of 2020, you take your $1,000 and any interest earned and invest it in a CD for the following year. You do this again at the end of 2021. At the end of 2022, will you have earned more on your Andover Bank CDs or on your Lowell Bank CDs? Briefly explain.

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Bank Andover Bank Lowell Bank 2020 5% 2 2021 5% 6 2022 5% 7