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(Related to Checkpoint 6.1) (Future value of an annuity) imagine that Homer Simpson actually invested the $130,000 he eamed providing Mr. Bats earment 9 years
(Related to Checkpoint 6.1) (Future value of an annuity) imagine that Homer Simpson actually invested the $130,000 he eamed providing Mr. Bats earment 9 years ago at 6 percent areal interest and that he starts investing an additional $2,200 a year today and at the beginning of each year for 20 years at the same percent annual rate. How much money will How here 20 years today? The amount of money Homer will have 20 years from now is $ (Round to the nearest cent)
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