You Have $5,600 That You Want to Use to Open

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 E, respectively, are given below. Which bank should you select if your goal is to maximize your interest income?

A) 3.26 percent, compounded annually
B) 3.20 percent, compounded monthly
C) 3.25 percent, compounded semi-annually
D) 3.10 percent, compounded continuously
E) 3.15 percent, compounded quarterly