Question: Investment value in future: Year Interest Annuity Investment 0 0.00 Current annuity investment: ($550.00) 1 $ - $550.00 term 7 2 $ - Interest rate:
| Investment value in future: | Year | Interest | Annuity | Investment | ||
| 0 | 0.00 | |||||
| Current annuity investment: | ($550.00) | 1 | $ - | $550.00 | ||
| term | 7 | 2 | $ - | |||
| Interest rate: | 3% | 3 | $ - | |||
| 4 | $ - | |||||
| Investment value | $676.43 | 5 | $ - | |||
| 6 | $ - | |||||
| 7 | $ - | |||||
| Invest now: | Year | Interest | Investment | |||
| 0 | ||||||
| Term (in years): | 7 | 1 | ||||
| Future need: | $ 12,500.00 | 2 | ||||
| Interest rate: | 3% | 3 | ||||
| 4 | ||||||
| Investment rate | 5 | |||||
| 6 | ||||||
| 7 | ||||||
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