19q

(Related to Checkpoint 6.1) (Future value of an annulty) Imagine that Homer Simpson actually invested the $170,000 he earned providing Mr. Bums ontortainment 5 years ago at 7.5 percent annual interest and that he starts investing an additional $1,500 a year today and at the beginning of each year for 10 years at the same 7.5 percent annual rate. How much money will Homer have 10 years from today? The amount of money Homer will have 10 years from now is $ (Round to the nearest cent)