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value: 2.50 points Problem 1-12 (LO1.3) Tran Lee plans to set aside $3,400 a year for the next five years, earning 4 percent. What would

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value: 2.50 points Problem 1-12 (LO1.3) Tran Lee plans to set aside $3,400 a year for the next five years, earning 4 percent. What would be the future value of this savings amount? Use Exhibit 1-B. (Round your FV factor to 3 decimal places and final answer to 2 decimal places.) Future value

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