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Newman Jackson invests $44,300 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of
Newman Jackson invests $44,300 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Newman withdraws the accumulated amount of money. Your answer is correct. Compute the amount Newman would withdraw assuming the investment earns simple interest. (Round answers to decimal places, eg. 458,581.) Total withdrawn $ 72652 e Textbook and Media Your answer is incorrect. Click here to view factor tables Compute the amount Newman would withdraw assuming the investment earns interest compounded annually. (Round factor values to 5 decimal places, eg. 1.25124 and final answer to decimal places, eg. 458,581.) Total withdrawn $ e Textbook and Media Your answer is incorrect. Click here to view factor tables Compute the amount Newman would withdraw assuming the investment earns interest compounded semiannually. (Round factor values to 5 decimal places, eg. 1.25124 and final answer to decimal places, eg. 458,581.) Total withdrawn $ 1
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