Jarom and Christina are twins. Both Jarom and Christina invest $5,000 each year beginning when they are 30 years old. Jarom's investment pays 7 percent annually with semi-annual compounding, while Christina's pays 7 percent annually with monthly compounding. Both Jarom and Christina retire at age 70. Which one of the following statements is correct?

Christina will have the same amount as Jarom when they retire.

Jarom will earn more in interest than Christina.

Christina will have more than Jarom when they retire.

Christina and Jarom earn the same amount of interest each year.

Christina will have less than Jarom when they retire.