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> 0.66/2 Question 1 of 6 John Jackson invests $43,900 at 8% annual interest, leaving the money invested without withdrawing any of the interest for
> 0.66/2 Question 1 of 6 John Jackson invests $43,900 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years At the end of the years, John withdraws the accumulated amount of money (a) Your answer is correct. Compute the amount John would withdraw assuming the investment earns simple interest. (Round answers to decimal places, es. 458,581) Total withdrawn $ 71996 eTextbook and Media Attempts: 2 of 3 used 0.66/0.66 Question Part Score (b) Click here to view factor tables Compute the amount John would withdraw assuming the investment earns interest compounded annually. (Round factor values to 5 decimal places, es. 1.25124 and final answer to 0 decimal places, es 458,581) Total withdrawn $ W
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