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Tony Jackson invests $$30,700$ at $8\%$ 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$)$

X Your answer is incorrect.

Compute the amount Tony would withdraw assuming the investment earns simple interest.

Total withdrawn

$

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$($b$)$

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$($c$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.