5 26 Future value of an annuity In 10 years you are planning on retiring and buying a house in Oviedo Florida The house you are looking at currently costs 100 000 and is expected to increase in value each year at a rate of 5 percent annually Assuming you can earn 10 percent annually on your investments how much must you invest at the end of each of the next 10 years to be able to buy your dream home when you retire