You are offered two different investments, A and B, with identical terms, except the interest rates are different. A has a rate of 6 percent compounded monthly and B has a rate of 5.9 percent compounded weekly. Investment _____ is better because _____.

A) A; the annual percentage rate is higher.

B)A; the effective annual rate is 6.17%.

C) B; the effective annual rate is 6.07%.

D) B; the interest is compounded more frequently.