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Book The four people below have the following investments. Invested Interest Amount Rate Compounding Jerry $11,000 12 Quarterly Elaine 14,000 10 Semiannually George 21,000 6
Book The four people below have the following investments. Invested Interest Amount Rate Compounding Jerry $11,000 12 Quarterly Elaine 14,000 10 Semiannually George 21,000 6 Annually Kramer 17,000 B Annually Required: 1-a. Calculate the future value at the end of four years. (EV of $1, PV of $1, FVA of $1, and PVA of $1) 1-b. Who has the greatest investment accumulation? Complete this question by entering your answers in the tabs below. Req 1A Req 18 Calculate the future value at the end of four years. (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Jerry Elaine George Kramer Future Value Req 1A Req 18 > 1 The four people below have the following investments. Invested Interest Amount Rate Compounding Jerry $11,000 12 Quarterly 5 Elaine 14,000 10 Semiannually George 21,000 6 Annually Kramer 17,000 8 Annually Book Required: 1-a. Calculate the future value at the end of four years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) 1-b. Who has the greatest investment accumulation? Complete this question by entering your answers in the tabs below. Req 1A Req 18 Who has the greatest investment accumulation? Who has the greatest investment accumulation? < Roq 1A Rag 1
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