Chad and David both deposit $5,000 into the bank. Chad makes his deposit into a Fifth Third bank account that pays 2 percent interest compounded annually. David makes his deposit into a Truist bank account that pays 3.5 percent interest, compounded annually. By the end of the third year after the deposits are made:

• David will have a larger account value than Chad will.

• Both Chad and David will have accounts of equal value.

• David will have twice the money saved that Chad does.

• Chad will have more money saved than David.

• David will earn exactly twice the amount of interest that Chad earns.