Future value A speculator has purchased land along the southern Oregon coast He has taken a loan with the end-of-year payments of $8,000 for 11 years. is 4 % At the end of 11 years, he believes that he can sell the land for $90,000. If he is correct on the future price, did he make a wise investment? The loan rate What is the future value of the loan 11 years from now? (Round to the nearest cent.) If he is right on the future price, did he make a wise investment? (Select the best response.) O A. Yes. He will make a profit because the value of the land is greater than the future value of the loan. O B. No. He will encounter a loss because the value of the land is less than the future value of the loan. O C. No. He will encounter a loss because the value of the land is greater than the future value of the loan O D. Yes. He will make a profit because the value of the land is less than the future value of the loan. Click to select your answer(s)