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The four people below have the following investments. Invested Amount $ 12,400 15,400 Jerry Elaine George Kramer 22,400 18,400 Interest Rate 12% 6 10.000

The four people below have the following investments. Invested Amount $ 12,400 15,400 Jerry Elaine George Kramer 22,400 18,400 Interest Rate 12% 6 10.000 8 10 Compounding Quarterly Semiannually Annually Annually Required: 1-a. Calculate the future value at the end of three years. 1-b. Who has the greatest investment accumulation?

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