This morning, Investor deposited $$1,500$ into an account $M$ that pays $5$ percent interest,

computed annually. This investor also deposited $$1,500$ into another account $N$ at $5$ percent

interest, computed annually. Account $M$ let the investor withdraw the interest earnings and

spend it as soon as possible. Account $N$ will reinvest the interest earnings back into the same

account. Given this information, which one of the following statements is true?

Account $N$ will earn more interest in Year $1$ than Account $M$ will earn.

Account $N$ will earn more interest in Year $2$ than Account $M$ will earn.

Account $M$ will earn more interest in Year $3$ than account $N$ will earn.

Account $M$ will earn compound interest.

At least two of the above four statements are correct.