Check my work Alec, Daniel, William, and Stephen decide today to save for retirement. Each person wants to retire by age 70 and puts $10,500 into an account earning 8% compounded annually. (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Required: Calculate how much each person will have accumulated by the age of 70. Person Age Initial Investment Accumulated Investment by Retirement (age 70) Alec 60 $ 10,500 Daniel 50 10,500 William 40 10,500 Stephen 30 10,500