Jessie Marquette believes her hair salon is worth $27,000 today and estimates that its value will grow at 10% per year compounded annually for the next 3 years. If she sells the business, the funds will be invested at 8% compounded quarterly. (a) Find the future value of the business using the formula P(1+i)n or using a compound interest table from a previous question on this quiz. (b) What price should she try to sell the business for, to nearest dollar (compute the present value, using the future value found in part a)? Find the present value of a by computing i and n then use the the table below. $35,937 Future Value $28,336 Asking Price for the Business $27,000 Future Value