Future value of an annuity due Rose Robertson plans to save $4,613 every year for the next 8 years, starting today. At the end of 8 years, Rose will turn 30 years old and plans to use her savings toward the deposit on a house. If her investment in an investment fund earns her 9.5 per cent annually, how much will she have saved in 8 years when she will need the money to buy a house?