Question: please explain Is it better to save $100 every month or $1,200 every year if you can eam 6% interest every year for 3 years?

please explain
please explain Is it better to save $100 every month or $1,200
every year if you can eam 6% interest every year for 3

Is it better to save $100 every month or $1,200 every year if you can eam 6% interest every year for 3 years? What is the dollar difference of the two choices at the end of 3 years? Select all that apply. Use the factor tables in Canvas or your financial calculator Check As That Apply It is better to save $100 every month. If is better to snve $1,200 every year. Both investments are the same There is no doliar difference between the two. The dollar diterence is approwimately $5412 Check All That Apply It is better to save $100 every month. It is better to save $1.200 every year. Both imvestments are the same. There is no dollar datlerence between the fwo. The doliar difference is approvimalely 554.12 The dollar difference is approeinately $113.29

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