Exercise C-10 (Algo) Calculate the future value of an annuity (LO C-4) 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 Interest Compounded Period Invested Option 1 5% Annually 5 years Option 2 7% Annually 5 years Option 3 10% Annually 5 years 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.)

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