Present value of an annuity of $1 Present value of $1 at end of period. Janet Woo decided to retire to Florida in 7 years. What amount should Janet invest today so she can withdraw $47,000 at the end of each year for 20 years after she retires? Assume Janet can invest money at 7% compounded annually. (Use the Table 13.2 and Table 12.3.) Note: Do not round intermediate calculations. Round your answer to the nearest cent