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Newman Jackson invests $54,300 at 8% annual interest. leaving the money invested without withdrawing any of the interest for 8 years. At the end of

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Newman Jackson invests $54,300 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. Compute the amount Newman would withdraw assuming the investment earns interest compounded semiannually. (Round factor values to 5 decimal ploces, eg. 1.25124 and final answer to 0 decimal ploces, eg. 458,581.) Total withdrawn

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