Question 6 191 Your friend Lilly wants to invest in an annuity for 5 years in order to have at least R100 000 at the end of the five-year investment. She needs at least R100 000 to invest in a rental property. Her financial advisor offered her the option to invest in an annuity from which she will receive interest of 7% per year. She will, however, have to invest R18 000 at the end of each year for the five-year period Required: 6.1 Calculate the future value of this annuity. (6) 6.2 Advise Lilly whether she should invest in this annuity. (3)