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Kenneth Bautista needs $22,000 in 3 years: Click here to view factor tables. What amount must he invest today if his investment earns 12% compounded

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Kenneth Bautista needs $22,000 in 3 years: Click here to view factor tables. What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest if his investment earns 12% annual interest compounded quarterly? (Round foctor values to 5 decimal places, eg. 1.25124 and final answers to 0 decimal places, es. 458,581.) Investment at 12% annual interest Investment at 12% annual interest, compounded quarterly

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