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( Related to Checkpoint 6 . 1 ) ( Future value of an annuity ) Imagine that Homer Simpson actually invested the $ 1 4

(Related to Checkpoint 6.1)(Future value of an annuity) Imagine that Homer Simpson actually invested the $140,000 he earned providing Mr. Burns entertainment 6 years ago
at 6 percent annual interest and that he starts investing an additional $1,900 a year today and at the beginning of each year for 5 years at the same 6 percent annual rate. How
much money will Homer have 5 years from today?
The amount of money Homer will have 5 years from now is $
(Round to the nearest cent.)
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