Question: Please me correct my answers x Your answer is incorrect. Try again. Jozy Altidore withdrew the accumulated amount of money invested $7,800 at 12% annual
x Your answer is incorrect. Try again. Jozy Altidore withdrew the accumulated amount of money invested $7,800 at 12% annual interest, and left the money invested without withdrawing any of the interest for 9 years. At the end of the 9 years, Jozy (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What amount did Jozy withdraw, assuming the investment earns simple interest? Accumulated amount 8,424 (b) What amount did Jozy withdraw, assuming the investment earns interest compounded annually? (Round answer to 2 decimal places, o.g. 25.25.) Accumulated amount 23,360.43
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