See the attached picture for the answers.
Answer:
First one.
Step-by-step explanation:
0.3/3=0.1 ==> 0.1$ per meter
0.77/7 ==> 0.11$ per meter
The first option is cheaper, therefore better to buy if you agree with "the cheaper. the better".
The balance in dollars at the end of 4 years will be $1,462.50
