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Tony Jackson invests $45,200 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of

Tony Jackson invests $45,200 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Tony withdraws the accumulated amount of money. (a) Compute the amount Tony would withdraw assuming the investment earns simple interest

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