Alec, Daniel, William and Stephen decide today to save for retirement. Each person wants to retire by age 64 and puts $10,800 into account earning 8% compounded annually. Calculate how much each person will accumulate by the age 64. (Person: Alec, Age: 54, Initial Investment: $10,800, Accumulated Investment by Retirement (age 64): ? ), (Person: Daniel, Age: 44, Initial Investment: $10,800, Accumulated Investment by Retirement (age 64): ? ), (Person: William, Age: 34, Initial Investment: $10,800, Accumulated Investment by Retirement (age 64): ? ), (Person: Stephan, Age: 24, Initial Investment: $10,800, Accumulated Investment by Retirement (age 64): ? )