Donald Bautista needs $26,000 in 9 years.
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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 
$enter a dollar amount rounded to 0 decimal places 


Investment at 12% annual interest, compounded quarterly 
$enter a dollar amount rounded to 0 decimal places 
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