Exercise C-4 (Algo) Calculate the future value of a single amount (LO C-2) You are saving for a new boat. You place $28,000 in an investment account today that earns 8% compounded annually. How much will be in the account after (a) three years, (b) four years, or (c) five years? (FV of $1, PV of $1, FVA of $1, and PVA of $1 ) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Table 1 Future Value of $1 T$1/1+An Table 2 Present Value of $1 Table 3 Future Value of an Ordinary Annuity of $1 FVA=$1(1+i)n1/i Table 4 Present Value of an Ordinary Annuity of $1 TITTA -1 1 IP 11=24