Michael Bautista needs $20,000 in 6 years. Click here to view factor tables. What amount must he invest today if his investment earns 8% compounded annually? What amount must he invest if his investment earns 8% 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 at 8% annual interest $ Investment at 8% annual interest, compounded quarterly $ eTextbook and Media Last saved 1 hour ago. Attempts: 2 of 3 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes