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If money can be invested at 2.5% compounded quarterly, which is larger, $15,105 now or $18,000 in 7 years? Use present value to decide. The present value of $18,000 in 7 years is $ therefore it is better to take (Do not round until the final answer. Then round to the nearest cent as neede $18,000 in 7 years. $15,105 now. A company will need $60,000 in 5 years for a new addition. To meet this goal, the company deposits money in an account today that pays 8% annual interest compounded quarterly. Find the amount that should be invested to total $60,000 in 5 years. The company should invest $. (Do not round until the final answer. Then round to the nearest dollar as needed.)