Question: Ken Braden estimates that taking some classes would result in earning $9,100 more a year for the next 20 years. Based on an annual interest
Ken Braden estimates that taking some classes would result in earning $9,100 more a year for the next 20 years. Based on an annual interest rate of 7 percent, calculate the future value of these classes. Use Exhibit 1-B. (Round time value factor to 3 decimal places and final answer to 2 decimal places.)
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