In 2012, per capita spending on health care in the United States was about $8,000. If this amount increased by 8 percent a year, what would be the amount of per capita spending for health care in eight years? Hint: Use Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D. (Round the discount factor to 3 decimal places and final answer to 2 decimal places.)