Future value.$$A speculator has purchased land along the southern Oregon coast. He has taken a loan with the$$ end$-$of$-$year payments of $$$$7$ comma $800$ for $12$ years. The loan rate is $6\%.$ At the end of $12$years$,$ he believes that he can sell the land for $$$$120$ comma $000.$ If he is correct on the future$$ price, did he make a wise$$ investment?

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Part $1$

What is the future value of the loan $12$ years from$$ now?

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enter your response here$($Round to the neare