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Required informotion [The following information applies to the question displayed below.] Mary Kate, Ashley, Dakota, and Elle each want to buy a new home. Each

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Required informotion [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 20% down payment. For example, to buy a $100,000 home, a person would need to save $20,000. At the end of each year for five years, the women make the following investments: Required: 1. Calculate how much each woman is expected to accumulate in the investment account by the end of the fifth year. (FV of $1, PV of \$1. EVA of \$1, and PVA of Si) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Required informotion [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 20% down payment. For example, to buy a $100,000 home, a person would need to save $20,000. At the end of each year for five years, the women make the following investments: Required: 1. Calculate how much each woman is expected to accumulate in the investment account by the end of the fifth year. (FV of $1, PV of \$1. EVA of \$1, and PVA of Si) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.)

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