A savings amount of $12,000 on deposit for 5 years at 5 percent interest (compounded annually) would earn about: (Round your "FV factor" to 3 decimal places and final answer to the nearest dollar amount.) Use Exhibits 1-A, 1-B, 1-C, and 1-D to compute your answer. Multiple Choice $3,000. $600. $2,400. $2,400. $3,000. Itry $600. $2,400. $2,400. $3,312. Exhibit 1A Future value (compounded sum) of $1 after a given number of time periods it 1 -B Future value (compounded sum) of $1 paid in at the end of each period of a given number of time periods (an annuity) Present value of $1 received at the end of each period for a given number of time periods (an annuity)