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How much money will homer have years from? today

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Question - Imagine that Homer Simpson actually invested the ?$200,000 he earned providing Mr. Burns entertainment 9 years ago at 10.5 percent annual interest and that he starts investing an additional ?$1,700 a year today and at the beginning of each year for 15 years at the same 10.5 percent annual rate. How much money will Homer have 15 years from? today?

Reference no: EM133143445

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