Alec, Daniel, William, and Stephen decide today to save for retirement. Each person wants to retire by age 64 and puts $9,500 into an account earning 9% compounded annually. Note: Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places. (FV of $1, PV of $1, FVA of $1, and PVA of $1) Required: Calculate how much each person will have accumulated by the age of 64. Person Age Initial Investment Alec 54 $ 9,500 Daniel 44 9,500 William 34 9,500 Stephen 24 9,500 Accumulated Investment by Retirement (age 64)