Question: John Jackson invests $ 4 9 , 6 0 0 at 8 % annual interest, leaving the money invested without withdrawing any of the interest

John Jackson invests $49,600 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years.
At the end of the 8 years, John withdraws the accumulated amount of money.
(a)
Compute the amount John would withdraw assuming the investment eqarns simple interest.
Total withdrawn $
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John Jackson invests $49,600 at 8% annual interest, leaving the money

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