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The four people below have the following investments. Invested Amount Interest Rate Jerry Elaine $ 12,400 12% 15,400 6 Compounding Quarterly Semiannually George 22,400
The four people below have the following investments. Invested Amount Interest Rate Jerry Elaine $ 12,400 12% 15,400 6 Compounding Quarterly Semiannually George 22,400 8 Annually Kramer 18,400 10 Annually Required: l-a. Calculate the future value at the end of three years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) 1-b. Who has the greatest investment accumulation? > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Jerry Elaine $ Calculate the future value at the end of three years. Note: Use Excel or a financial calculator. Round your answers to 2 decimal places. Future Value 17,420.39 x 18,452.12 x George 28,199.17 Kramer 24,496.00 X < Req 1A Req 1B >
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