Question: answer both correctly. will like and thumbs up Gary Spear invested $16,000 today in a fund that earns 8% compounded annually. Click here to view

Gary Spear invested $16,000 today in a fund that earns 8% compounded annually. Click here to view factor tables To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years if the fund earns 8% annual interest compounded semiannually? (Round factor values to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg. 458,581.) Investment at 8% annual interest Investment at 8% annual interest, compounded semiannually $ Michael Bautista needs $20,000 in 6 years. Click here to view factor tables What amount must he invest today if his investment earns 8% compounded annually? What amount must he invest if his investment earns 8% annual interest compounded quarterly? (Round factor values to 5 decimal places, eg, 1.25124 and final answers to 0 decimal places, eg: 458,581) Investment at 8% annual interest $ Investment at 8% annual interest.compounded quarterly $
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