Exercise 6-2 Chris Jackson invests $53,400 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Chris withdraws the accumulated amount of money. Compute the amount Chris would withdraw assuming the investment earns simple interest. (Round answers to decimal places, e.g. 458,581.) Total withdrawn LINK TO TEXT LINK TO TEXT Click here to view factor tables Compute the amount Chris would withdraw assuming the investment earns interest compounded annually. (Round Factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581) Total withdrawn LINK TO TEXT LINK TO TEXT Click here to view factor tables Compute the amount Chris would withdraw assuming the investment earns interest compounded semiannually. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, e.g. 458,581.) Click here to view factor tables Compute the amount Chris would withdraw assuming the investment earns interest compounded annually. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, e.g. 458,581.) Total withdrawn LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE Click here to view factor tables Compute the amount Chris would withdraw assuming the investment earns interest compounded semiannually. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Total withdrawn LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 6-2 John Bautista needs $23,800 in 5 years. Click here to view factor tables What amount must he invest today if this investment earns 12% compounded annually? What amount must he invest if his investment eams 12% annual interest compounded quarterly? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to o decimal places, e.g. 458,581.) Investment at 12% annual interest Investment at 12% annual interest, compounded quarterly LINK TO TEXT