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The four people below have the following investments. table [ [ , table [ [ Invested ] , [ Amount ] ] ,
The four people below have the following investments.
tabletableInvestedAmounttableInterestRateCompoundingJerry$QuarterlyElaineSemiannuallyGeorgeAnnuallyKramerAnnually
Required:
a Calculate the future value at the end of four years. FV of $ PV of $ FVA of $ and PVA of $
b Who has the greatest investment accumulation?
Complete this question by entering your answers in the tabs below.
Req
Req B
Calculate the future value at the end of four years.
Note: Use Excel or a financial calculator. Round your answers to decimal places.
tableFuture ValueJerryElaineGeorgeKramer
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