Problem $9-25($Algo$)$ Quarterly compounding $[$LO$9-5]$

Juan Garza invested $$112,00010$ years ago at $8$ percent, compounded quarterly. How much has he accumulated? Use Appendix A for an approximate answer but calculate your final answer using the formula and financial calculator methods.

Note: Do not round intermediate calculations. Round your final answer to $2$ decimal places.

Future value