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Newman invests $ 1 2 , 6 0 0 at 8 % annual interest, leaving the money invested without withdrawing any of the interest for
Newman invests $ at annual interest, leaving the money invested without withdrawing any of the interest for years. At
the end of the years, Newman will withdraw the accumulated amount of money.
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a
Compute the amount Newman would withdraw assuming the investment earns simple interest.
Total withdrawn $
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