Paul Bautista needs $R$$$26,000$ in $4$ years.

Click here to view factor tables

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$.1\mathrm{.}25124$ and final answers to $0$ decimal places, e$.$g$.5,275.)$

Investment at $8\%$ annual interest

$R$$

Investment at $8\%$ annual interest, compounded quarterly

$R$$