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Return to que 7. Jenny Lopez estimates that as a result of completing her master's degree, she will earn an additional $8,000 a year for

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Return to que 7. Jenny Lopez estimates that as a result of completing her master's degree, she will earn an additional $8,000 a year for the next 40 years (a) What would be the total amount of these additional earnings? 10 points Answer is complete but not entirely correct. Additional earnings s 160,000 (b) What would be the future value of these additional earnings based on an annual interest rate of 6 percent? Use Exhibit 1-8. (Round time value factor to 3 decimal places and final answer to the nearest whole number) Answer is complete but not entirely correct. Future value $ 366,096

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