Use the following to answer $19-20$:

You are going to receive a $$15,000$ scholarship at the end of $3$ years

for graduate school.

$$,$ How much must the scholarship fund invest today

so it has the money to pay you in $3$ years if it can earn $6\%$

compounded semi$-$annually $($round to nearest dollar$)?$

$,$ How much must the scholarship fund invest today

so it has the money to pay you in $3$ years if it can earn $6\%$

compounded quarterly $($round to nearest dollar$)?$