Future value Jack and Jill are saving for a rainy day and decide to put $50 away in their local bank every year for the next twenty-five years. The local Up-the-Hill Bank will pay them 7% on their account a If Jack and Jill put the money in the account faithfully at the end of every year, how much will they have in it at the end of twenty-five years? b. Unfortunately, Jack had an accident in which he sustained head injuries after only ter years of savings. The medical bill has come to $700. Is there enough in the rainy-day fund to cover it