(Solution) - With 10 000 available you have two investment options The first -(2025 Original AI-Free Solution)

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With $10,000 available, you have two investment options. The first is to buy a certificate of deposit from a bank at an interest rate of 9% annually for five years. The second choice is to purchase a bond for $10,000 and invest the bond's interest in the bank at an interest rate of 5%. The bond pays 6.5% interest annually and will mature to its face value of $10,000 in five years. Which option is better? Assume that your MARR is 5% per year.