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How do you solve this? Required information The following information applies to the question displayed below.) Mary Kate, Ashley, Dakota, and Elle each want to

How do you solve this?
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Required information The following information applies to the question displayed below.) Mary Kate, Ashley, Dakota, and Elle each want to buy a new home. Each needs to save enough to make a 25% down payment. For example, to buy a $100,000 home, a person would need to save $25,000. At the end of each year for four years, the women make the following investments: Annuity Type of Expected Person Payment Annual Return Mary Kate $2,700 Savings 3,700 CDS 4,700 Bonds 4,700 Stocks Account Ashley Dakota Elle 3x 5 7 11 Required: 1. Calculate how much each woman is expected to accumulate in the investment account by the end of the fourth year (EV0-$1. PV of S1, FVA OLS1 and PVA OLS1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) four-year Accumulated Investment Person Mary Kate Ashley Dakota Elle

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