You have started an investment club with your friend. You identified an account which you think will pay 8% per year. You are going to invest $1200 per year. Your friend is going to invest $100 per month. You plan to invest for 4 years. All else equal, which of the following is true.

A. Your friends investment will have the higher future value.

B. Both investments will have the same future value

C. Your investment will have the higher future value.