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1q (Related to Checkpoint 6.1) (Future value of an annuity)Imagine that Homer Simpson actually invested the $190,000 he earned providing Mr. Burns entertainment 9 years

1q (Related to Checkpoint 6.1) (Future value of an annuity)Imagine that Homer Simpson actually invested the

$190,000

he earned providing Mr. Burns entertainment

9

years ago at

6

percent annual interest and that he starts investing an additional

$2,200

a year today and at the beginning of each year for

15

years at the same

6

percent annual rate. How much money will Homer have

15

years from today?

Question content area bottom

Part 1

The amount of money Homer will have

15

years from now is

$enter your response here.

(Round to the nearest cent.)

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