Please please help ): Becky's parents would like to support their daughter in college. They present her with two options. Option 1: When she turns 18, her parents set aside $1,000 for her and will add $100 each year. Option 2: When she turns 18, her parents deposit $850 into an account that earns 10%
interest compounded annually. answer the following questions;

FIND THE AMOUNT OF BOTH OPTIONS FOR THE FIRST FIVE YEARS.

IF BECKY INTENDS TO WITHDRAW HER MONEY WHEN SHE IS 23, WHICH OPTION WOULD YOU ADVISE BECKY ON? WHY?

IF BECKY INTENDS TO WITHDRAW HER MONEY WHEN SHE IS 27, WHICH OPTION WOULD YOU ADVISE BECKY ON? WHY?