Question: Click here to view factor tables. What amount must he invest today if his investment earns 1 2 % compounded annually? What amount must he

Click here to view factor tables.
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? (Round factor values to 5 decimal places, e.g.1.25124 and final answers to 0 decimal places, e.g.458,581.)
Investment at 12% annual interest
Investment at 12% annual interest, compounded quarterly
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Donald Bautista needs $26,000 in 9 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 if his investment earns 12% annual interest compounded quarterly? (Round factor values to 5 decimal places, e.g.1.25124 and final answers to 0 decimal places, e.g.458,581.)
Investment at 12% annual interest
$
Investment at 12% annual interest, compounded quarterly
$

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