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Medium: Parents of a newborn baby are given a gift of $20,000 and will choose between two options to invest for their child's college fund. Option 1 is to invest the gift in a fund that pays an average annual interest rate of 8% compounded semiannually. Option 2 is to invest the gift in a fund that pays an average annual interest rate of 7.75% compounded continuously. Assuming each investment has a term of 18 years, calculate the value of each investment and round your answer to the nearest penny. Option 1: Option 2: Which is the better option for the parents