An investment of $13,335 earns 12% interest compounded monthly for 3 years. (a) What is the future value of the investment? (b) If money can be deposited at 10% compounded quarterly, find the present value of the investment. (a) $18,890.40 (b) $7840.73 O (a) $15,026.21 (b) $7103.31 O (a) $20,079.32 (b) $8840.73 (a) $19,079.32 (b) $14,186.62

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