Person Age Initial Investment 57 $ 47 Alec Daniel William Stephen 9.900 9,900 9,900 9,900 37 27 Problem C-1A Calculate the future value of a single amount (LOC-2) Alec, Daniel, William, and Stephen decide today to save for retirement. Each person wants to retire by age 67 and puts $9,900 into an account earning 8% compounded annually. (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.) Required: Calculate how much each person will have accumulated by the age of 67