GMG Studios plans to invest $59,000 at the end of each year for the next four years. There are three investment options available. Option 1 Option 2 Option 3 Annual Rate 6% 8 12 Interest Compounded Annually Annually Annually Period Invested 4 years 4 years 4 years Required: Determine the accumulated investment amount by the end of the fourth year for each of the options (Round your answers to 2 decimal places.) Accumulated investment amount Option 1 Option 2 Option 3 The four people below have the following investments Jerry Elaine George Kramer Invested Interest Amount Rate $12,900 12% 15,900 8 22,900 7 18,900 9 Compounding Quarterly Semiannually Annually Annually Required: 1-a. Calculate the future value at the end of five years. (Round your answers to 2 decimal places.) Future Value Jerry Elaine George Kramer 1-a. Calculate the rulure Value at the end oilve years. (Rouna your answers Future Value Jerry Elaine George Kramer 1-b. Who has the greatest investment accumulation? O Jerry Elaine O George O Kramer The four actors below have just signed a contract to star in a dramatic movie about relationships among hospital doctors. Each person signs independent contracts with the following terms: Derek Isabel Meredith George Contract Terms Contract Payment Amount Date $410,000 2 years 450,000 3 years 345, eee Today 310, eee 1 year Required: 1-a. Assuming an annual discount rate of 9%, calculate the present value of the contract amount. (Round your answers to 2 decimal places.) Present Value Derek Isabel Meredith George 1-a. Assuming an annual discount rate of 9%, calculate the present value of th places.) Present Value Derek Isabel Meredith George es 1-b. Which of the four actors is actually being paid the most? O Isabel O George Derek