Problem 4-14 Future Value of a Tax Savings [LO4-5] On December 30. you decide to make a $4,000 charitable donation. (Assume you itemize your deductions:) (a) if you are in the 24 percent tax bracket and you expect to ltemize your deductions, how much will you save in taves for the turrent year? (b) If you deposit that tax savings in a savings account for the next tive years or 3 percem, what will be the furture value of that account? Use Exhibit 1.A (Round time value fsctor to 3 decimal places and final answer to 2 decimal places.)