Based on the amount he plans to save and the interest, the amount Randy would be worth in ten years is $159,374.
How much would Randy be worth in 10 years?
This is an annuity as it is being paid per year so the amount in ten years can be found as:
= Amount invested x Future value interest factor of an annuity, 10 years, 10%
Solving gives:
= 10,000 x 15.9374
= $159,374
Find out more on annuities at https://brainly.com/question/5303391.
