Question: This is a review test that already has the correct answer in bold print. I need help understanding how teacher got them two answers. Please

This is a review test that already has the correct answer in bold print. I need help understanding how teacher got them two answers. Please answer and show work

Ren deposits $200 per month in an account with an APR of 7% and Alan deposits $2400 at the end of each year in an account with an APR of 7%. After 5 years, they compare their saving plans.

: $14,318.58 , : $13,801.77

I need help understanding how teacher got these two answers. Please answer and show work

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