Homework: HW-7 Score: 0 of 1 pt 3.1-13 Save 5 of 10 (4 complete) HW...
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Homework: HW-7 Score: 0 of 1 pt 3.1-13 Save 5 of 10 (4 complete) HW Score: 40%, 4 of 10 pts Question Help * Susan and her spouse have saved $5,500 for a 12 - day cruise vacation in Europe. The couple needs $6,500 for a "nice" cabin or $7,000 for a "luxury" cabin. If cabin prices are expected to remain constant or the next three years and Susan expects to earn 5% per ear on her vestments the ples sa na be enough a d e nice ca ree years an they afford the luxury cabin? Why or why not? O A. Yes, they can afford the "nice" cabin or the luxury cabin because their $5,500 investment will increase to $6,367 by the end of year three B. Yes, they can afford the "nice" cabin or the luxury cabin because their $5,500 investment will increase to $7,082 by the end of year three C. Yes, they can afford the "nice" cabin but NOT the luxury cabin because their $5,500 investment will only increase to $6,482 by the end of year three 0 D. No, they cannot afford the "nice" cabin or the luxury cabin because their $5,500 investment will only increase to $6.367 by the end of year three
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