H Rider Weiner New Desktop ourse.html?courseld 15389536&HepID-8330215afbdc193df0ad86db18c81b02 # 10016 Do Homework- Prescilla Presti- Google Chrome https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkld-5339330718questionld 148flushed false&cId5543110¢erwin yes MGT 5090 B1-OL: Financial Managment Prescilla Presti & 7/11/19 3:35 PM Homework: HW # 1 Save HW Score: 0 %, 0 of 14 pts 10 of 14 (0 complete) Score: 0 of 1 pt P4-3 (similar to) Question Help Future value. A speculator has purchased land along the southern Oregon coast. He has taken a loan with the end-of-year payments of $7.200 for 8 years. The loan rate is 8%. At the end of 8 years, he believes that he can sell the land for $80,000. If he is correct on the future price, did he make a wise investment? What is the future value of the loan 8 years from now? (Round to the nearest cent)