$($Related to Checkpoint$6\mathrm{.}1)($Future value of an$$ annuity$)$Imagine that Homer Simpson actually invested the $$$$110$ comma $000$ he earned providing Mr$.$ Burns entertainment $9$ years ago at $7$ percent annual interest and that he starts investing an additional $$$$2$ comma $300$ a year today and at the beginning of each year for $20$ years at the same $7$ percent annual rate. How much money will Homer have $20$ years from$$ today?

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Part $1$

The amount of money Homer will have $20$ years from now is $$$

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enter your response here. $($Round to the nearest$$ cent.$)$