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Robert Bautista needs $28,000 in 4 years. Click here to view factor tables. What amount must he invest today if his investment earns 8% compounded

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Robert Bautista needs $28,000 in 4 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, eg. 1.25124 and final answers to 0 decimal places, es.458,581.) Investment at 8% annual interest $ Investment at 8% annual interest, compounded quarterly 5

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