Exercise 5-2 (Algo) Future value; single amount (LO 5-2) The four people below have the following investments. Invested Amount Interest Rate Jerry Elaine $ 11,500 12% 14,500 8 Compounding Quarterly Semiannually 21,500 7 17,500 9 Annually Annually George Kramer Required: 1-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? Complete this question by entering your answers in the tabs below. Req 1A Req 1B 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 Jerry $ Elaine George Kramer 16,156.70 < Req 1A Req 1B >