P4-3 (similar to) A Question Help 0 Future value. A speculator has purchased land along the southern Oregon coast. He has taken the land for $140,000. If he is correct on the future price, did he make a wise investment? loan with the end-of-year payments of $8,000 for 12 years. The loan rate is 6%. At the end of 12 years, he believes that he can sell What is the future value of the loan 12 years from now? $(Round to the nearest cent.)