Morgan Jackson invests $48,800at8% annual interest, leaving the money invested without withdrawing any of the interest for8years. At the end of the8years, Morgan withdraws the accumulated amount of money.

Compute the amount Morgan would withdraw assuming the investment earns simple interest.(Round answers to 0 decimal places, e.g. 458,581.)

Total withdrawn

$

Click here to view factor tables Compute the amount Morgan would withdraw assuming the investment earns interest compounded annually.(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Total withdrawn

$

Click here to view factor tables Compute the amount Morgan would withdraw assuming the investment earns interest compounded semiannually.(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Total withdrawn

$