GMG Studios plans to invest $$55,000$ at the end of each year for the next five years. There are three investment options available.GMG Studios plans to invest $$55,000$ at the end of each year for the next five years. There are three investment options available.

Annual Rate Interest Compounded Period Invested

Option $15\%$ Annually $5$ years

Option $27\%$ Annually $5$ years

Option $310\%$ Annually $5$ 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,$ FVA of $$1,$ and PVA of $$1)($Use tables, Excel, or a financial calculator. Round your answers to $2$ decimal places.$)$