Question
(0) Alan jackson invests 47300 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. at the end
(0) Alan jackson invests 47300 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. at the end of the 8 years, Alan withdraws the accumulated amount of money. Compute the amount Alan would withdraw assuming the investment earns simple interest. Total withdrawn: $ 85140
Compute the amount Alan would withdraw assuming the investment earns interest compounded annually. Total Withdrawn: $ 101391.75
Compute the amount Alan would withdraw assuming the investment earns interest compounded semiannually.
Total withdrawn: $
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