Reza Is Trying to Decide Between to Investment Alternatives

Multiple Choice

Reza is trying to decide between to investment alternatives.Invest A allows her to invest $100 at the beginning of every month for 15 years at an interest of 9.0% per year.Investment B allows her to invest $1,350 at the end of every year for 15 years at 8.7% interest.Which of the following is true regarding these two alternatives?

A) Investment A will grow by $1,787 more than Investment B .
B) Investment B will grow by $1,787 less than Investment A.
C) Both Investment A and Investment B grow to exactly the same amount.
D) Investment A will always be better because it always better to invest small amounts monthly rather than one amount at the end of the year.