Question: Amy Farrah Howler needs $ 2 0 , 0 0 0 in 4 years. What amount must she invest today if her investment earns 1

Amy Farrah Howler needs $20,000 in 4 years. What amount must she invest today if her investment earns 12% compounded annually? What amount must she invest if her investment earns 12% annual interest compounded quarterly?

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