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(Related to Checkpoint 6.1) (Future value of an annuity) Imagine that Homer Simpson actually invested the $190,000 he earned providing Mr. Burns entertainment 10 years

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(Related to Checkpoint 6.1) (Future value of an annuity) Imagine that Homer Simpson actually invested the $190,000 he earned providing Mr. Burns entertainment 10 years ago at 10.5 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 10.5 percent annual rate. How much money will Homer have 20 years from today

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