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Imagine that Homer Simpson actually invested the $160,000 he earned providing Mr. Burns entertainment 5 years ago at 8 percent annual interest and that he

Imagine that Homer Simpson actually invested the $160,000 he earned providing Mr. Burns entertainment 5 years ago at 8 percent annual interest and that he starts investing an additional $ 1,900 a year today and at the beginning of each year for 20 years at the same 8 percent annual rate. How much money will Homer have 20 years from today?

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