If Nicolai earns an $7$ percent after$-$tax rate of return, $$12,500$ today would be worth how much to Nicolai in five years? Use future value of $$1.$

Note: Round discount factor$($s$)$ to four decimal places.

Multiple Choice

$$12,500$

$$8,920$

$$11,683$

$$13,375$

None of the choices are correct.