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7. Latanya Brown cstablished an ordinary annuity of 8. You invcst ia an ordinary annuity...

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7. Latanya Brown cstablished an ordinary annuity of 8. You invcst ia an ordinary annuity of S500 annually at $1,000 annually at 7% annual interest. what is the future value of the annuity after 15 years? How much will Lalanya have invested of her own urney during this period ofte By how much will her invest ment have grown? 8% annual interest. Find the future value ofthe annuity at the end of ten years. How much have you invested? How much interest has your annuity earned? 9. You invest in an ordinary annuity of S2,000 ly 10. Make a chart comparing your results for Exerises at 8% annual interest. What is the future value of the annuity at the end of five ycars? How much have you invested How much interest has your annuity carned'? and 9. Use these headings: Years, Total Investment Total Inierest. What generl concusion might you draw aboul ellective investment stralegy

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