CALCOLATOR PRINTER VERSION BACK NEXT Brief Exercise 6-02 Tony Bautista needs $25,000 in 4 years. Click here to view factor tables What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest investment earns 12% annual interest compounded quarterly? (Round factor values to decimal places, e.g. 1.25124 and final answers to decimal places,.. 456,581.) Investment at 12% annual interest Investment at 12% annual interest, compounded quarterly Click if you would like to Show Work for this question: Are Show Work CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 6-07 John Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of $400,000. He estimates that the boat te wants will cost $300,000 when he retires in 5 years. Click here to view factor tables How much of his inheritance must he invest at an annual rate of 8% (compounded annual) to buy the boat ac retirement (Nound factor values to $ decimal places eg. 1.25124 and final answers to decimal places, e.g. 458.581.) Investment amount Click if you would like to show Work for this question Ort Short Work ly