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GMG Studios plans to invest $46,000 at the end of each year for the next...

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Accounting

GMG Studios plans to invest $46,000 at the end of each year for the next five years. There are three investment options available. Annual Rate 5% 78 Interest Compounded Annually Annually Annually Period Invested 5 years 5 years 5 years 10% Option 1 Option 2 Option 3 Required: *** Determine the accumulated investment amount by the end of the fifth year for each of the options. (FV of $1; PV of $1. FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) ************* Option 1 Option 2 Option 3 Accumulated Investment Amount
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Required: Determine the accumulated investment amount by the end of the fifth year for each of the options. IFV of \$1, PV of \$1. FVA of \$1, and PVA of \$1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.)

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