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Cam and Madison were investing money into two different accounts. They bothinvested $550 each. Cam...

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Cam and Madison were investing money into two different accounts. They bothinvested $550 each. Cam invested into an account at an annual interest rate of 2.7%compounded monthly and Madison invested into an account that had an annual interestrate of 3% compounded quarterly. Which statement below best describes the twoaccounts after 5 years? Cam's account has approximately $60 more after 5 years than Madison's account.Madison's account has approximately $9 more after 5 years than Cam's account.Cam's account has approximately $12 more after 5 years than Madison's account.Madison's account has approximately $80 more after 5 years than Sal's account.

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