If an Investment Earns 12% Annually

If an investment earns 12% annually,

A) an equivalent monthly investment would have to earn a higher equivalent nominal rate to yield the same return.
B) an equivalent monthly investment would have to earn a lower equivalent nominal rate to yield the same return.
C) an equivalent monthly investment would have to earn the same equivalent nominal rate to yield the same return.
D) a relation cannot be determined between a monthly and annual investment.