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Exercise C-6 Calculate the future value of an annuity (LOC-3) GMG Studios plans to invest $43,000 at the end of each year for the next

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Exercise C-6 Calculate the future value of an annuity (LOC-3) GMG Studios plans to invest $43,000 at the end of each year for the next five years. There are three Investment options available Option 1 Option 2 Options Annual Rate 50 7 10 Interest Compounded Annually Annually Annually Period Invested 5 years 5 years 5 years Required: Determine the accumulated investment amount by the end of the fifth year for each of the options (FV of $1. PV of $1. EVA of S1, and PVA Of $0 (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Accumulated Investment amount Option 1 Option 2 Option 3

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