Five years ago, your parents opened two savings accounts and deposited $5,000 in each account. The first account was with The City Bank at 5 percent,...

Five years ago, your parents opened two savings accounts and deposited $5,000 in each account. The first account was with The City Bank at 5 percent, compounded daily. The second account was with The Country Bank at 6 percent, compounded annually. Which one of the following statements is true concerning these accounts?