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Alan Jackson invests $ 55,800 at 8% annual interest, leaving the money invested without withdrawing...

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Accounting

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Alan Jackson invests $ 55,800 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Alan withdraws the accumulated amount of money. Compute the amount Alan would withdraw assuming the investment earns simple interest. (Round answers to decimal places, e.g. 458,581.) Total withdrawn $ $ e Textbook and Media Click here to view factor tables Compute the amount Alan would withdraw assuming the investment earns interest compounded annually.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 Total withdrawn $ e Textbook and Media Click here to view factor tables Compute the amount Alan would withdraw assuming the investment earns interest compounded semiannually.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 Total withdrawn UA $

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