I need to get these two questions fully understood so could someone please answer them and explain thank you.
1) Madeleine works at a company that offers bonuses to its employees, depending on their performance. Madeleine is offered the choice of recieving four cheques of $300, one every 3 months throughout the year, or waiting until the end of the year and recieving a single cheque of $1300. Madeleine finds out that the highest interest rate offered by the banks os a guaranteed rate of 7.5% interest compounded quareterly. Illustrate Madeleine's choices using a timeline, to help her decide which bonus offer to accept.
2) Would you make more money by investing $100 a month at 12% interest compounded monthly for 5 years or by investing $1200 a year at 12% interest compounded annually for 5 years?