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Imagine that Homer Simpson actually invested the $170,000 he earned providing Mr. Burns entertainment 7 years ago at 8 percent annual interest and that he

Imagine that Homer Simpson actually invested the $170,000 he earned providing Mr. Burns entertainment 7 years ago at 8 percent annual interest and that he starts investing an additional

$2,200 a year today and at the beginning of each year for 10 years at the same 8 percent annual rate. How much money will Homer have 10 years from today?

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