If you really like math and science (together) and are decent at them, you will probably do well and enjoy the calc based. If you do not like math and science, you will probably not do well and usually when you do not do well you tend to like it less... which can be a negative feedback loop 😉
With that said, algebra based classes aren't always easier for people. The algebra based pchem I took was frustratingly stupid. I hated every second of it. It was essentially plug and chug into mundane equations that the course didn't care to explain. Because of this formula heavy, surface level explanation, class structure the course also went at such a rapid pace that it didn't even allow you to delve deep on your own. This 1) caused disconnect between the theory and the problems given (something I find vital) 2) made me disinterested in learning what they were going to test (also how they were going to test it) and 3) it leveled the playing field between people that could grasp tough concepts and those that were just good at memorizing how to use formulas blindly. After bombing the first test, I adjusted my approach to the material and rocked the class but I still hated it. I was just frustrated that I wasn't learning anything the whole time.
Had I taken the calc/theory based version of the class I would have enjoyed it much more, gotten way more out of it, and probably done just as well. Granted, I had to take a lot of calc based classes and I like the math/science combo. So I would think about what you like. I am sure this one class isn't going to tank you either way if you give it an honest effort. Good luck!!!