Computing the Present Value of a Single Amount Reynolds must accumulate $152,000 in eight years to purchase replacement equipment. Reynolds plans to invest funds today to have the $152,000 accessible at that time. Round answers to the nearest whole dollar. Do not use negative signs with any of your answers. a. Assuming a 5% return compounded annually on its investment, how much must Reynolds invest now to reach the goal? $ b. Assuming a 7% return compounded annually on its investment, how much must Reynolds invest now to reach the goal? $