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The four people below have the following investments. Required: 1-a. Calculate the future value at the end of five years. (FV of $1, PV of
The four people below have the following investments. Required: 1-a. Calculate the future value at the end of five years. (FV of $1, PV of $1, FVA of $1, and PVA of $1 ) 1-b. Who has the greatest investment accumulation? Complete this question by entering your answers in the tabs below. Calculate the future value at the end of five years. Note: Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places. \begin{tabular}{|l|c|} \hline & \multicolumn{1}{c|}{ Future Value } \\ \hline Jerry & \\ \hline Elaine & \\ \hline George & \\ \hline Kramer & \\ \hline \end{tabular} Who has the greatest investment accumulation? Table 1 Future value of $1 TABLE 2 Present value of $1 Table 3 Future Value of an Ordinary Annuity of $1 FVA =((1+i)n1)/i Table 4 Present Value of an Ordinary Annuity of $1
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