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Alec, Daniel, William, and Stephen decide today to save for retirement. Each person wants to retire by age 64 and puts $10, 800 into an

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Alec, Daniel, William, and Stephen decide today to save for retirement. Each person wants to retire by age 64 and puts $10, 800 into an account earning 9% compounded annually. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the tables provided. Round your answers to 2 decimal places.) Required: Calculate how much each person will have accumulated by the age of 64

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