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The four people below have the following Investments. Invested Amount Interest Rate Jerry Elaine $ 11,800 12% 14,800 8 Compounding Quarterly Semiannually George 21,800
The four people below have the following Investments. Invested Amount Interest Rate Jerry Elaine $ 11,800 12% 14,800 8 Compounding Quarterly Semiannually George 21,800 67 Annually Kramer 17,800 9 Annually Required: 1-a. Calculate the future value at the end of three years. (FV of $1. PV of $1. FVA of $1. 1-b. Who has the greatest Investment accumulation? Complete this question by entering your answers in the tabs below. Req 1A Req 18 Calculate the future value at the end of three years. Note: Use tables, Excel, or a financial calculator. Round your answers to 2 decimal place Future Value Jerry Elaine George Kramer Req 1B >
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