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Problem 1-11 Calculating Future Value of a Series of Amounts [LO 4) Elaine Romberg prepares her own income tax return each year. A tax preparer

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Problem 1-11 Calculating Future Value of a Series of Amounts [LO 4) Elaine Romberg prepares her own income tax return each year. A tax preparer charges her $90 for this service. Over a period of 8 years, how much does Elaine save from preparing her own tax return? Assume she can earn 2 percent with a savings certificate. Use Exhibit 18 2. (Round time value foctors to 3 decimal places and final answer to 2 decimal places. Omit the "S" sign in your response) Savings from preparing tax return S

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