= Homework: Chapte... Question 19, E7-2 (book. Part 1 of 4 HW Score: 10%, 2 of 20 points O Points: 0 of 1 Save A recent college graduate decides to invest the $8,000 he received for his college graduation in a fund earning 12% annual interest for four years. At the end of the four-year period, he expects to withdraw the money to purchase a reasonably priced used car. (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of an ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordinary Annuity table) Read the requirement (Use the present value and future value tables, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, XXXXXX Round your final answer to the nearest cent, SX XX.) (Click the icon to view the Present Value of an Annuity Due table.) a. What amount would the graduate withdraw after four years, if the investment earns simple interest