Solving for Future Value of a 3-Year Annuity: What is the FV of a 3-Year Annuity of $700 at 7%? Solving for Present Value of a 3-Year Annuity: What is the PV of a 3-Year Annuity of $700 at 7%? What is the present value of a 5-year $700 ordinary annuity at 7%? How much money will a 20-year-old student have when she is 65 if she invests $3,600 with an expected annual return of 7%?