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Gary King invested $ 8 , 4 0 0 at 6 % annual interest, and left the money invested without withdrawing any of the interest
Gary King invested $ at annual interest, and left the money invested without withdrawing any of the interest for years. At the end of the years, Gary withdrew the accumulated amount of money. Click here to view the factor table Table Table Table a What amount did Gary withdraw, assuming the investment earns simple interest? The amount Gary withdrew $ b What amount did Gary withdraw, assuming the investment earns interest compounded annually? For calculation purposes, use decimal places as displayed in the factor table provided, eg Round answer to decimal places, eg The amount Gary withdrew $ eTextbook and Media Attempts: of used
Gary King invested $ at annual interest, and left the money invested without withdrawing any of the interest for years. At the end of the years, Gary withdrew the accumulated amount of money.
Click here to view the factor table
Table
Table
Table
a What amount did Gary withdraw, assuming the investment earns simple interest?
The amount Gary withdrew
$
b What amount did Gary withdraw, assuming the investment earns interest compounded annually? For calculation purposes, use decimal places as displayed in the factor table provided, eg Round answer to decimal places, eg
The amount Gary withdrew
$
eTextbook and Media
Attempts: of used
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