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The four people below have the following investments Invested Amount Interest Rate Compounding 12% Jerry Elaine George Kramer $11,800 14.800 21,800 17,800 Quarterly Semiannually Annually

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The four people below have the following investments Invested Amount Interest Rate Compounding 12% Jerry Elaine George Kramer $11,800 14.800 21,800 17,800 Quarterly Semiannually Annually Annually Required: 1-a. Calculate the future value for three years. (FV of $1. PV of $1, FVA of $1, and PVA of $1) (Use ap Future Value Jerry Elaine George Kramer 1-b. Who has the greatest investment accumulation? Jerry Elaine George ) Kramer

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