Calculate the future value.

a$.$ Use the compound interest formula, $FV=PV(1+i{)}^N,$ to find the future value of the current amount in the investment.

After $14$ years, the $$28,000\mathrm{.}00$ will grow to

b$.$ Determine the annuity type.

Ordinary Simple Annuity

Ordinary General Annuity

Simple Annuity Due

General Annuity Due

c$.$ Identify the following pieces of information to be used to calculate the future value of the annuity.

Periodic Payment: $PMT=$

Number of Payments per Year: $PY=$

Total Number of Payments: $N=$

Annual Interest Rate: $r=$

Number of Compoundings per Year: $CY=$

d$.$ Determine the total future value of the investment $($incorporating your answer from part a$.$ above$).$