Olivia and her spouse have saved $4,500 for a 12-day cruise vacation in europe. the couple needs $5,000 for a "nice" cabin or $6,000 for a "luxury" cabin. if cabin prices are expected to remain constant for the next three years and olivia expects to earn 6% per year on her investments, will the couple's savings be enough to afford the "nice" cabin in three years? can they afford the luxury cabin? why or why not?
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