The four people below have the following investments.

Invested Amount Interest Rate Compounding

Jerry $$12,00012\%$ Quarterly

Elaine $15,0008$ Semiannually

George $22,0007$ Annually

Kramer $18,0009$ Annually

Required:

$1-$a$.$ Calculate the future value at the end of four years. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ and PVA of $$1)$

$1-$b$.$ Who has the greatest investment accumulation?