John Jackson invests $55,800 at 8% 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) Your answer is correct. Compute the amount John would withdraw assuming the investment,earns simple interest. Total withdrawn $ (b) eTextbook and Media Click here to view factor tables. 91512 Total withdrawn $. Attempts: 1 of 4 used Compute the amount Jehn 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.)