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Morgan Jackson invests $57,000 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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Morgan Jackson invests $57,000 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Morgan withdraws the accumulated amount of money. (a) Your answer is correct. Compute the amount Morgan would withdraw assuming the investment earns simple interest. Click here to view factor tables. Compute the amount Morgan would withdraw assuming the investment earns interest compounded annually. (Round foctor volues to 5 decimal places, e. 1.25124 and final answer to 0 decimal places, eg. 458,581.) Total withdrawn

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