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 $ when he goes to college years from now. She has options for saving the money.
tableOption A:Option B:tableA regular deposit at the end of eachmonth into an account that earns per year compounded monthly MarkstableA regular deposit at the end of eachyear into an account that earns per year compounded annually Marks
Which option should George choose? Make a recommendation, then justify it Marks
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