Future value. A speculator has purchased land along the southern Oregon coast. He has taken a loan with the end$-$of$-$year payments of $$8,000$ for $9$ years. The loan rate is $8\%.$ At the end of $9$ years, he believes that he can sell the land for $$90,000.$ If he is correct on the future price, did he make a wise investment?

What is the future value of the loan $9$ years from now?

$($Round to the nearest cent.$)$