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Jennifer Altidore invested $8.000 at 12% annual interest, and left the money invested without withdrawing any of the interest for 10 years. At the end

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Jennifer Altidore invested $8.000 at 12% annual interest, and left the money invested without withdrawing any of the interest for 10 years. At the end of the 10 years, Jennifer withdrew the accumulated amount of money. Click here to view the factor table, (For calculation purposes, use 5 decimal places as displayed in the sector sole provided.) (a) What amount did Jennifer withdraw, assuming the investment earns simple interest? The amount Jennifer withdrew (b) What amount did Jennifer withdraw, assuming the investment earns interest compounded annually? (Round answer to 2 decimal places, eg. 25.25.) The amount Jennifer withdrew Attempts: 0 of 1 used Submit Answer Save for Later

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