Eric has $4800 that he wants to invest for 4 years. He can invest this amount at his credit union and earn 4 percent simple interest. Or he can open an account at Compass Bank and earn 3.65 percent interest, compounded annually. If he decides to invest at Compass Bank for 3 years, he will:

A. earn 15.02 more than if he had invested with his credit union

B. earn 27.89 less than if he had invested with his credit union

C. earn the same amount as if he had invested with the credit union

D. have a total balance of 4992 in his account after one year

E. have a total balance of 4876 in his account after one year