Hi! I have difficulties solving this question. Can you please walk me through it? Its an extra credit homework questionfor my finance class. This is my first time using the website and I have more questions just dont know how many I can ask at a time etc.

Jeff has $1,200 that he invests in a safe financial instrument expected to return 4% annually.Marge has $600 and invests in a more risky venture that is expected to return 8% annually. Whohas more after 27 years? And how much does he/she have in FV terms?

Jeff; $3,460.04

Marge; $4,792.84

Marge; $52,410.46

Jeff; $56,501.06