GMG Studios plans to invest $60,000 at the end of each year for the next three years. There are three investment options available.   Annual Rate Interest Compounded Period Invested Option 1 7% Annually 3 years Option 2 9 Annually 3 years Option 3 11 Annually 3 years Required:Determine the accumulated investment amount by the end of the third year for each of the options.

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