Business
Business, 26.02.2020 02:49, alexbanda996

Alan Jackson invests $40,200 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.

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Alan Jackson invests $40,200 at 8% annual interest, leaving the money invested without withdrawing a...

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