Question: George will need $ 2 2 5 0 0 when he goes to college 5 years from now. She has 2 options for saving the

George will need $22500 when he goes to college 5 years from now. She has 2 options for saving the money.
\table[[Option A:,Option B:],[\table[[A regular deposit at the end of each],[month into an account that earns 5.75%],[per year compounded monthly],[(2 Marks)]],\table[[A regular deposit at the end of each],[year into an account that earns 6.35%],[per year compounded annually],[(2 Marks)]]],[,]]
Which option should George choose? Make a recommendation, then justify it.[2 Marks]
George will need $ 2 2 5 0 0 when he goes to

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