Muffin Megabucks is considering two different savings plans in 10 years

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Muffin Megabucks is considering two different savings plans in 10 years. The first plan would have her deposit $500 every six months, and she would receive an interest rate at 7% p.a. (compounding semi-annually). Under the second plan she could deposit $1,000 every year with the rate of interest of 7.5% p.a. (compounding annually). Which plan should Muffin use? (Assuming that the initial deposit of Plan 1 would be made 6 months from now, and with Plan 2, one year from now).