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Tina wants to go on a cruise in 6 years. She estimates that it will cost her $7000. Tina has 2 options for saving this

Tina wants to go on a cruise in 6 years. She estimates that it will cost her $7000. Tina has 2 options for saving this amount. Option A: A bond that earns 4.6% compounded monthly Option B: A bond that earns 4.7% compounded annually OptionA: OptionB: Which investment should Tina choose? Justify your answer. Show all steps.

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