Question: Chegg Study Textbook Solutions Expert Q&A Study Pack Practice ** home / study/business/accounting / accounting questions and answers/tony bautista needs 25.000 in 4 years, what

Chegg Study Textbook Solutions Expert Q&A Study Pack Practice ** home

Chegg Study Textbook Solutions Expert Q&A Study Pack Practice ** home / study/business/accounting / accounting questions and answers/tony bautista needs 25.000 in 4 years, what ar Question: Tony Bautista needs 25,000 in 4 years. What amour Tony Bautista needs 25,000 in 4 years. What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest if his investment earns 12% annual interest compounded quarterly? Expert Answer Was this answer helpful yogeshb76 answered this 3,417 answers Future value - Present Value ( 1+RY'n 25000 - Present Value (1+0.1274 Present value = 25000/1.5735 ie 15888 Compounded Quarterly Future Value - Present Value (1+Ry'n 25000 - Present value (1+0.03/16 Present value - 25000/1.6047 ie 15580 View foment..> Practice with similar questions Q: Tony Bautista needs $24.890 in 2 years. What amount must he invest today if his investment earns 12 annually? What amount must he invest if his investment earns 12% annual interest compounded quar A: See answer 100w ratinge Q: Steve Bautista needs $24,800 in 8 years. What amount must he invest today if his investment earns 8% annually? What amount must he invest if his investment earns 8% annual interest compounded quarte

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