Fifty years ago, your grandparents opened two savings accounts and deposited $400 in each account. The first account was with The Uptown Bank at 3 percent, compounded daily. The second account was with The Downtown Bank at 3.5 percent, compounded semi-annually. Which one of the following statements is true concerning these accounts? the following statementsitmpounded Fifty years ago, your grandparents opened two savings accounts and deposited $400 in each account. The first account was with The Uptown Bank at 3 percent, compounded daily. The second account was with The Downtown Bank at 3.5 percent, compounded semi-annually. Which one of the following statements is true concerning these accounts? the following statementsitmpounded