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Future Value of Annuity. Jen spends $18 per week on doughnuts and coffee. If she takes the same amount that she spends on doughnuts and
Future Value of Annuity. Jen spends $18 per week on doughnuts and coffee. If she takes the same amount that she spends on doughnuts and coffee and invests it each week for the next five years at 6%, compounded weekly, how much will she have in five years? In five years, Jen will have $ (Use your financial calculator, assuming 52 weeks (periods) per year, and round to the nearest cent.)
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