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John Bautista needs $23,800 in 10 years. Click here to view factor tables What amount...

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Accounting

John Bautista needs $23,800 in 10 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 answers to 0 decimal places, e.g. 458,581.)

Investment at 12% annual interest $

Investment at 12% annual interest, compounded quarterly $

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