Question: Exercise C-1 Calculate the future value of a single amount (LOC-2) The four people below have the following investments. Jerry Elaine George Kramer Invested Interest

Exercise C-1 Calculate the future value of a single amount (LOC-2)

Exercise C-1 Calculate the future value of a single amount (LOC-2) The four people below have the following investments. Jerry Elaine George Kramer Invested Interest Amount Rate $11,800 12% 14,800 8 21,800 7 17,800 9 Compounding Quarterly Semiannually Annually Annually 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) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Future Value Jerry Elaine George Kramer

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