Pete's Real Estate is currently valued at $66,000. Pete feels the value of his business will increase at a rate of 8% per year, compounded semiannually for the next 4 years. At a local fund-raiser, a competitor offered Pete $71,000 for the business. If he sells, Pete plans to invest the money at 4% compounded quarterly. What price should Pete ask? (Use Table 1 and Table 2 provided.) Note: Do not round intermediate calculations. Round your answer to the nearest cent