Question: Find the future value. (Use the Table 12.1.) (Do not round intermediate calculations. Round the FV factor to 4 decimal places and final answer to

Find the future value. (Use the Table 12.1.) (Do not round intermediate calculations. Round the "FV factor" to 4 decimal places and final answer to the nearest cent.)

Present value	Length of time	Rate	Compounded	On FV Table 12.1		FV factor used	Future value
				Period used	Rate used
$7,692.96	7 years	12%	Quarterly	28	3%		$

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