Imagine homer simpson actually invested 150000 7 years ago, Financial Management

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Imagine homer simpson actually invested 150000 7 years ago

Imagine Homer Simpson actually invested $150,000 7 years ago at a 7 percent annual interest rate.

If he invests an additional $2,000 a year at the beginning of each year for 5 years at the same 7 percent annual rate, how much money will Homer have 5 years from now?

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Financial Management: Imagine homer simpson actually invested 150000 7 years ago

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Financial Management: Imagine homer simpson actually invested 150000 7 years ago

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