Compute the amount Newman would withdraw assuming the investment earns interest compounded annually. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 4,585.81.) Total withdrawn $ eTextbook and Media Assistance Used Attempts: 5 of 9 usec (c) Compute the amount Newman would withdraw assuming the investment earns interest compounded semiannually. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 4,585.81.) Newman invests $11,400 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 10 years. At the end of the 10 years, Newman will withdraw the accumulated amount of money. Click here to view factor tables (a) Your answer is correct. Compute the amount Newman would withdraw assuming the investment earns simple interest