Problem C-1A Calculate the future value of a single amount (LOC-2) Alec, Daniel, William, and Stephen decide today to save for retirement. Each person wants to retire by age 70 and puts $9,200 into an account earning 9% 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 S Daniel 50 9,200 9,200 9,200 9,200 William 40 Stephen 30