Future value A speculator has purchased land along the southem Oregon coast. Ho has taken a loan with the end-ofyear payments of $7,200 for 10 years. The loan rate is 4%. At the end of to years, he believes that he can soll the land for $90,000, it he is correct on the future price, did he make a wise investment? What is the future value of the loan 10 year from now? (Round to the nearest cent.)