Brief Exercise G-01 Concord Altidore invested $5,500 at 5% annual interest, and left the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Concord withdrew the accumulated amount of money. Click below to view the factor tables. Table 1. Future Value of 1 Table 2. Future Value of an Annuity of 1 Table 3. Present Value of 1 Table 4. Present Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What amount did Concord withdraw, assuming the investment earns simple interest? Accumulated amount (b) What amount did Concord withdraw, assuming the investment earns interest compounded annually? (Round answer to 2 decimal places, e.g. 25.25.) Accumulated amounts Click if you would like to Show Work for this question: Open Show Work