Suppose You Are 22 and Wish to Retire at 65

Suppose you are 22 and wish to retire at 65. Which of the following options will result in a greater future value at retirement? Option 1 is to invest $15,000 per year for eight years, and then leave it untouched for 35 years. Option 2 is to deposit $7,500 at the end of each year into an investment for 43 years. Both accounts earn 9% per year.

A) Option 1 is better with a value of $3,599,024
B) Option 1 is better with a value of $3,377,024
C) Option 2 is better with a value of $3,905,602
D) Option 2 is better with a value of $3,675,988
E) Option 2 is better with a value of $3,776,405