P4-3 (similar to Future value. A speculator has purchased and along the southern Oregon Coast He has taken a loan with the end of your payment of 57.400 for 11 years. The loan rate is 6%. At the end of 11 years, he believes that he can wel the land for $110,000. Who is correct on the future prodid he make a se investment? What is the future of the loan 11 years from now? Round is the result.) Future value. A speculator has purchased land along the southern Oregon coast. He has taken a loan with the end-of-year pay can sell the land for $110,000. If he is correct on the future price, did he make a wise investment? What is the future value of the loan 11 years from now? (Round to the nearest cent.) Intervi ml