Question: 2 . Future Value : Using the Future Value of an Annuity Formula as shown in the Chapter 2 lecture ( slide 2 3 )

2. Future Value :
Using the Future Value of an Annuity Formula as shown in the Chapter 2 lecture (slide 23):
The actual results in the table on page 5 of the article, based on a $100 monthly investment at an 11%(Annual) interest rate would be:
$8,024.70 total return in 5 Years.
$45,885.76 total return in 15 Years
$283,022.78 total return in 39 Years
Change the interest rate to a more conservative 8% annual rate. What would the results be from that change in total return dollars each year/?

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