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(Future value of an annuity)Imagine that Homer Simpson actually invested the $190000 he earned providing Mr. Burns entertainment 9 years ago at 8.5 percent annual
(Future value of an annuity)Imagine that Homer Simpson actually invested the
$190000 he earned providing Mr. Burns entertainment 9 years ago at 8.5 percent annual interest and that he starts investing an additional $1700 a year today and at the beginning of each year for 10 years at the same 8.5 percent annual rate. How much money will Homer have 10 years from today?
The amount of money Homer will have10 years from now is ??
.
(Round to the nearest cent.)
Points of the fourth 700.000 lume wote wanata 10 motorom me to yoStep by Step Solution
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