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Problem 9-8 (calculator table) You invest a single amount of $16,000 for 7 years at 11 percent. At the end of 7 years you take

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Problem 9-8 (calculator table) You invest a single amount of $16,000 for 7 years at 11 percent. At the end of 7 years you take the proceeds and invest them for 16 years at 19 percent. How much will you have after 23 years? (Do not round intermediate calculations. Use a Financial calculator to arrive at the answer. Round the final answer to the nearest whole dollar.) Future value

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