An investment of $13, 335 earns 12% interest compounded monthly for 2 years. (a) What is the future value of the investment? (Use the compound interest formula Testgen questions still do not copy to other applications. Testgen questions still do not copy to other applications.) (b) If money can be deposited at 12% compounded quarterly, find the present value of the investment. A) (a) (a) $14, 439.89 (b) $8539.25 B) (a) $17, 931.85 (b) $10, 059.29 C) (a) $16, 764.27 (b) $9059.29 D) (a) $16, 961.85 (b) $13, 366.17 Find the present value of the annuity. Round to the nearest cent. John wants to retire in 17 year. At that time, he wants to withdraw $22.000 at the end of each 30 years for 19 years. Assume that money can be deposited at 5% per year compounded annually. How exact amount will he need in 17 years? A) $614, 122.96 B) $265, 877.04 C) $257, 170.98 D) $274, 168.62