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The four people below have the following investments. Invested Amount Interest Rate Compounding Jerry $12,200 12% Quarterly Elaine 15,200 10 Semiannually George 22,200 h 6

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The four people below have the following investments. Invested Amount Interest Rate Compounding Jerry $12,200 12% Quarterly Elaine 15,200 10 Semiannually George 22,200 h 6 Annually OK Kramer 18,200 8 Annually ices Required: 1-a. Calculate the future value for three years. (FV of $1, PV of $1, EVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Future Value Jerry Elaine George Kramer 1-b. Who has the greatest investment accumulation? Prev 1 of 5% Next >

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