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Brief Exercise G-1 Jozy Altidore invested $7,500 at 8% annual interest, and left the money invested without withdrawing any of the interest for 11 years.

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Brief Exercise G-1 Jozy Altidore invested $7,500 at 8% annual interest, and left the money invested without withdrawing any of the interest for 11 years. At the end of the 11 years, Jozy withdrew the accumulated amount of money. Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What amount did Jozy withdraw, assuming the investment earns simple interest? Accumulated amount (b) What amount did Jozy withdraw, assuming the investment earns interest compounded annually? (Round answer to 2 decimal places, e.g. 25.25.) Accumulated amount Gro Brief Exercise G-6 is t Hugh Curtin borrowed $31,800 on July 1, 2017. This amount plus accrued interest at 7% compounded annually is to be repaid on July 1, 2022 cal cho Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much will Hugh have to repay on July 1, 20227 (Round answer to 2 decimal places, e.g. 25.25.) Th http Fina Amount to be repaid on July 1, 2022 $ grat Spe LINK TO TET Brief Exercise G-8 Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $32,000 due 8 periods from now, discounted at 10 %? (Round answer to 2 decimal places, e.g. 25.25.) Present value (b) What is the present value of $32,000 to be received at the end of each of 7 periods, discounted at 10%? (Round answer to 2 decimal places, e.g. 25.25.) Present value

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