Can someone help!

Please provide as many steps and explanations as possible. Im going to study using the notes provided.

Thank you in advance!!

Two plans have been proposed for accumulating money for capital projects at Westmount lighting. One idea is to put aside $1.2per year, independent of growth. The second is to start with a smaller amount, $4.3per year, but to increase at 10 percent, and the company is expected to grow by about 5 percent per year. Which plan will accumulate "more" money in 10 years? Plan 1 Plan 2 O Both Plans are the same