Kaylene deposits $275 per month in an investment account that earns 3% compounded monthly for 10 years.

Kaylene deposits $275 per month in an investment account that earns 3% compounded monthly for 10 years.

Gabe, on the other hand, deposits $3,300 at the end of each year into a similar account that also earns 3% compounded annually for 10 years.

Even though they each contribute the same amount of principal with the same APR and length of investment time, who comes out ahead and by how much?

Who comes out ahead?

How much more does he/she have?