0/5 5 Question 2 of 8 Mary wants to buy a car when she graduates trom Central University 4 years from now. She believes that she will need $29.000 to buy the car. Click here to view the factor table. (a) Calculate how much money Mary must put into her savings account today to have $29,000 in 4 years, assuming she can earn 8% compounded annually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer too decimal place, es 58.975.) Amount $ (b) Calculate how much money Mary must put into her savings account today to have $29,000 in 4 years, assuming she can earn 8% compounded semiannually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to O decimal place. es. 58,975) Amount Tell and Media