Question: John Jackson invests $ 5 5 , 8 0 0 at 8 % annual interest, leaving the money invested without withdrawing any of the interest

John Jackson invests $55,800 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years.
Compute the amount John would withdraw assuming the investment earns interest compounded semiannually. (Round factor
values to 5 decimal places, e.g.1.25124 and final answer to 0 decimal places, e.g.458,581.)
Total withdrawn $
John Jackson invests $55,800 at 8% annual interest, leaving the money

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