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Send to Gradebook Question 1 View Policies 0.33/1 - Show Attempt History Current Attempt in Progress Richard Jackson invests $40,600 at 10% annual interest, leaving

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Send to Gradebook Question 1 View Policies 0.33/1 - Show Attempt History Current Attempt in Progress Richard Jackson invests $40,600 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 10 years. At the end of the 10 years, Richard withdraws the accumulated amount of money. Your answer is correct. Compute the amount Richard would withdraw assuming the investment earns simple interest. (Round answers to O decimal places, eg. 458,581.) Total withdrawn $ 1.200 e Textbook and Media Banner mission Your answer is incorrect Click here to view factor tables Compute the amount Richard would withdraw assuming the investment earns Interest compounded annually. (Round factor values to 5 decimal places, e.s. 1.25124 and final answer to 0 decimal places, e..458,581.) Total withdrawns eTextbook and Media Attempts: 1 of 3 used

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