Question
Alan Ang invests HK$33,600 at 6% annual interest, leaving the money invested without withdrawing any of the interest for 6 years. At the end
Alan Ang invests HK$33,600 at 6% annual interest, leaving the money invested without withdrawing any of the interest for 6 years. At the end of the 6 years, Alan withdraws the accumulated amount of money. (a) X Your answer is incorrect. Compute the amount Alan would withdraw assuming the investment earns simple interest. (Round answer to O decimal places, e.g. 5,275.) Total withdrawn HK%$ 24192
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