Brief Exercise 6-2 John Bautista needs $20,500 in 6 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. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) investment at 8% annual interest Investment at 8% annual interest, compounded quarterly $