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Donald Bautista needs $26,000 in 9 years. Click here to view factor tables. What amount...

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Accounting

Donald Bautista needs $26,000 in 9 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, e.g. 1.25124 and final

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