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You must choose between two investments both maturing at the end of 5 years. For investment you will deposit R 2 0 , 0 0

You must choose between two investments both maturing at the end of 5 years. For investment you will deposit R20,000 today at an annual interest rate of 8% for 5 years. Investment B requires you to make five end of year payments of R5,000. Investment B offers an annual interest rate of 9%. Which investment should you choose?
a.Choose A, it will pay out R29,380
b.Choose A, it will pay out R117,340
c.Choose B, it will pay R29,925
d.Choose B, it will pay R21,800

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