Question: Joseph Bautista needs $ 2 5 . 0 0 0 in 3 years. What amount must he invest today if his investment earns 8 %

Joseph Bautista needs $25.000 in 3 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, eg.1.25124 and final answers to 0 decimal
places, eg.458,581.)
Joseph Bautista needs $25.000 in 3 years. What amount must he

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