Jozy Altidore invested $ 8,200 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. Click here to view the factor table, (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? The amount Jozy withdrew $ (b) What amount did Jozy withdraw, assuming the investment earns interest compounded annually? (Round answer to 2 decimal places, e.g. 25.25.) The amount Jozy withdrew $ Table 3Present Value of 1 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% Periods 96154 .95238 .94340 .93458 .92593 .91743 .90909.90090 .89286 .86957 92456 .90703 89000 .87344 .85734 .84168 .82645 81162 .79719.75614 .88900 86384 83962 .81630 .79383 .77218.75132 .73119.71178 65752 85480.82270 .79209 .76290 .73503.70843 .68301.65873.63552 .5717:5 82193 .78353 .74726 .71299 .68058.64993 .62092 .59345.56743 .49718 79031 .74622 .70496 66634 .63017 .59627 .56447 .53464.50663.43233 75992 .71068 .66506 .62275 .58349.54703 .51316.48166 .45235.37594 .73069 .67684 .62741 .58201 .54027 .50187 .46651 .43393 .40388 .32690 .70259 .64461.59190.54393.50025 .46043 .42410.39092 .36061 .28426 67556.61391.55839.50835 .46319 .42241 .38554 .35218.32197.24719 64958.58468.52679 .47509 42888.38753.35049.31728.28748.21494 62460 .55684 .49697 44401 .39711 .35554.31863.28584 .25668 .18691 .60057 .53032 46884 .41496 .36770 .32618.28966 .25751 .22917 .16253 .57748 .50507 44230 .38782 .34046 .29925 .26333 .23199.20462 .14133 55526 .48102 41727 .36245 .31524 .27454 .23939.20900 .18270 .12289 .53391 .45811 .39365.33873 .29189.25187 .21763 .18829 .16312 .10687 .51337 43630 .37136 .31657 .27027 .23107 .19785.16963 .14564 .09293 49363 .41552 .35034 .29586 .25025 .21199 .17986.15282 13004 .08081 47464 .39573 .33051 .27615 .23171.19449 .16351 .13768 .11611 .07027 4 10 12 13 14 15 16 17 18 19 Table 4 Present Value of an Annuity of 1 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% Payment:s 94340 93458 .92593 .91743.90909.90090 .89286 .86957 1.88609 1.859411.833391.80802 1.78326 1.759111.73554 1.71252 1.69005 1.62571 2.77509 2.72325 2.67301 2.62432 2.57710 2.53130 2.48685 2.44371 2.40183 2.28323 3.629903.54595 3.46511 3.38721 3.31213 3.23972 3.16986 3.10245 3.03735 2.85498 4.45182 4.32948 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 3.35216 5.242145.075694.91732 4.76654 4.62288 4.48592 4.35526 4.23054 4.111413.78448 6.00205 5.78637 5.582385.389295.20637 5.03295 4.868424.71220 4.56376 4.16042 6.73274 6.46321 6.209795.971305.74664 5.53482 5.33493 5.14612 4.96764 4.48732 7.435337.10782 6.801696.51523 6.24689 5.99525 5.75902 5.53705 5.32825 4.77158 8.110907.72173 7.36009 7.02358 6.71008 6.41766 6.144575.88923 5.65022 5.01877 8.76048 8.30641 7.886877.49867 7.138966.80519 6.49506 6.20652 5.93770 5.23371 9.385078.86325 8.38384 7.94269 7.53608 7.16073 6.81369 6.49236 6.194375.42062 9.985659.39357 8.852688.35765 7.90378 7.48690 7.10336 6.74987 6.42355 5.58315 10.56312 9.898649.294988.74547 8.24424 7.78615 7.36669 6.98187 6.62817 5.72448 11.11839 10.37966 9.71225 9.10791 8.559488.06069 7.60608 7.19087 6.81086 5.84737 11.65230 10.83777 10.10590 9.44665 8.85137 8.31256 7.82371 7.37916 6.97399 5.95424 12.16567 11.27407 10.47726 9.76322 9.12164 8.543638.02155 7.54879 7.11963 6.04716 12.65930 11.6895910.82760 10.05909 9.371898.75563 8.20141 7.70162 7.249676.12797 13.13394 12.08532 11.15812 10.33560 9.60360 8.95012 8.36492 7.83929 7.36578 6.19823 13.59033 12.46221 11.46992 10.59401 9.81815 9.128558.51356 7.963337.46944 6.25933 96154 95238 4 10 12 13 14 15 16 17 18 19 20
