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Michael Spear invested $10,000 today in a fund that earns 8% compounded annually. Click here to view factor tables. To what amount will the investment

image text in transcribed Michael Spear invested $10,000 today in a fund that earns 8% compounded annually. Click here to view factor tables. To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years if the fund earns 8% annual interest compounded semiannually? (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 semiannually $

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