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Current Attempt in Progress Sarah Altidore invested $9,000 at 10% annual interest, and left the money invested without withdrawing any of the interest for
Current Attempt in Progress Sarah Altidore invested $9,000 at 10% annual interest, and left the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Sarah 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 Sarah withdraw, assuming the investment earns simple interest? The amount Sarah withdrew $ (b) What amount did Sarah withdraw, assuming the investment earns interest compounded annually? (Round answer to 2 decimal places, eg. 25.25.) The amount Sarah withdrew
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