Question: Please help me answer this! The table below shows the CD annual percentage yield offered by four banks: Bank Compounding APY A Annually 5% B

Please help me answer this!

The table below shows the CD annual percentage yield offered by four banks: Bank Compounding APY A Annually 5% B Quarterly 5% C Monthly 4.8% D Daily 4.85% Which of the following statements are correct? There are more than one correct. Select one or more: Bank A's APY is the highest Bank A's EAY is the same as its APY 5% because it's annual compounding Bank D's EAY is 4.969% You should choose Bank C because its EAY is lowest Bank B's EAY is 5.25% Bank C's EAY is 4.907% Finish attempt

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