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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 $120,000 he earned providing Mr. Burns entertainment 10 years ago at 9.5percent annual interest and that he starts investing an additional $2000 a year today and at the beginning of each year for 10 years at the same 9.5 percent annual rate. How much money will Homer have 10 years from today?

Reference no: EM133180660

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