Suppose you just bought an annuity with 11 annual payments of $15,600 at the current interest rate of 11.5 percent per year. What is the value of the investment at the current interest rate of 11.5 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of investment $ What happens to the value of your investment if interest rates suddenly drop to 6.5 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of investment $ What happens to the value of your investment if interest rates suddenly rise to 16.5 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of investment.