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Henry Bautista needs $25,000in3years What amount must he invest today if his investment earns8% compounded annually? What amount must he invest if his investment earns8%

Henry Bautista needs $25,000in3years

What amount must he invest today if his investment earns8% compounded annually? What amount must he invest if his investment earns8% 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 at8% annual interest $

Investment at8% annual interest, compounded quarterly

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