Kevin Bautista needs $27,000 in 8 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 factor values to 5 decimal places, es. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) Investment at 12% annual interest Investment at 12% annual interest, compounded quarterly