Problem C-1A (Algo) Calculate the future value of a single amount (LO C-2) Alec, Daniel , William, and Stephen decide today to save for retirement Each person wants to retire by age 60 and puts $10,600 Into an account earning 9% compounded annually. (Ey of $1. PV of $1. EVA of $1. and PVA of $1) (Use tobles, Excel, or a financial calculator Round your answers to 2 decimal places.) Required: Calculate how much each person will have accumulated by the age of 60. Person Accumulated Investment by Retirement (ago 60) Alec Daniel Willam Stephen Current Ago 50 40 30 20 Initia Investment $ 10600 10,600 10,500 10.600