Imagine that Homer Simpson actually invested the $200,000 he earned providing Mr. Burns entertainment 6 years ago at 7 percent annual interest and that he starts investing an additional $1,900 a year today and at the beginning of each year for 20 years at the same 7 percent annual rate. How much money will Homer have 20 years from today? The amount of money Homer will have 20 years from now is $. (Round to the nearest cent.)
