Daniel Spear invested $12,000 today in a fund that earns 8% compounded annually. To what amount will the investment grow in 4 years? To what amount would the investment grow in 4 years if the fund earns 8% annual interest compounded semiannually? (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 semiannually		$