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John Jackson invests $37,700 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of

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John Jackson invests $37,700 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, John withdraws the accumulated amount of money. (a) Compute the amount John would withdraw assuming the investment earns simple interest. Total withdrawn $

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