mylab.pearson.com G 2023); Pear... P Pearson MyLab and Mastering P Chapter 5 Test c What factors determine the amount of interest ea.. Benjamin Smith 05/03/23 5:12 PM Question 5 of 9 This test: 45 point(s) possible This question: 5 point(s) possible Submit test Bank One offered a 14-year certificate of deposit (CD) at 4.4% interest compounded quarterly. On the same day on the Internet, First Bank offered a 14-year CD at 4.39% compounded monthly. Find the APY for each CD. Which bank paid a higher APY? The APY for the CD at Bank One is% (Type an integer or decimal rounded to three decimal places as needed.) The APY for the CD at First Bank is %. (Type an integer or decimal rounded to three decimal places as needed.) Which bank paid a higher APY? O A. Bank One O B. . First Bank