Question: DANIEL bautista needs 2 1 , 0 0 0 in 6 years What amount must he invest today if his investment earns 8 % compounded

DANIEL bautista needs 21,000 in 6 years 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, e.g.1.25124 and final answers to O decimal places, e.g.458,581.)

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