Jozy Altidore invested $8,100 at 9% annual interest, and left the money invested without withdrawing any of the interest for 12 years. At the end of the 12 years, Jozy withdrew the accumulated amount of money.

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(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

(a) What amount did Jozy withdraw, assuming the investment earns simple interest?

Accumulated amount

$

(b) What amount did Jozy withdraw, assuming the investment earns interest compounded annually? (Round answer to 2 decimal places, e.g. 25.25.)

Accumulated amount $