Question: Check my work 5 1.88 points Brief Exercise C-2 Calculate the future value of a single amount (LOC-2) Dusty would like to buy a new

Check my work 5 1.88 points Brief Exercise C-2 Calculate the future value of a single amount (LOC-2) Dusty would like to buy a new car in four years. He currently has $8,000 saved. He's considering buying a car for around $12,000 but would like to add a Turbo engine to increase the car's performance. This would increase the price of the car to $16,000. 1-a. If Dusty can earn 8% interest, compounded annually, how much will he have in four years? (FV of $1. PV of $1. FVA of $1. and PVA of $1 (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) eBook References Future value 1-b. Will he be able to get a car with a Turbo engine in four years? O NO Yes

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