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Steve Jackson invests $39,500 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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Steve Jackson invests $39,500 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Steve withdraws the accumulated amount of money. (a) Your answer is incorrect. Compute the amount Steve would withdraw assuming the investment earns simple interest. Total withdrawn eTextbook and Media Attempts: 1 of 3 used (b)

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