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I thought I was doing this right but I am so lost. Please help. The four people below have the following investments. Invested Interest Amount
I thought I was doing this right but I am so lost. Please help.
The four people below have the following investments. Invested Interest Amount Rate Jerry $11,600 12 Elaine 14,600 10 George 21,600 Kramer 17,600 Compounding Quarterly Semiannually Annually Annually 6 Required: 1-a. Calculate the future value at the end of three years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Jerry Elaine George Kramer Future Value $ 20,950.89 23,781.86 % 27,567.68 25,860.17 1-b. Who has the greatest investment accumulationStep by Step Solution
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