The two Continental Bank advertises capital savings at5.6% compounded annually while TDCanada Trust offers premium savings at 5.35% compounded monthly. Suppose you have $3000 to invest for two years

a. Which deposit will earn more interest?

b. What is the difference in the amount of interest? round the final answer to nearest cent

two years. (a) Which deposit will eam more interest? (b) What is the difference in the amount of interes? (a) The savings account wil earn more inlerest. (b) The dfference is 5 (Round the final answer to the nearest cent as needed. Round an intermediate values to six decimal places as needed.)