Question: Given the following data: E = 105 = $1.00 E1+1 = 120 = $1.00 (one year later) upan = 8% annually lus = 12% annually

Given the following data: E = 105 = $1.00 E1+1 = 120 = $1.00 (one year later) upan = 8% annually lus = 12% annually Calculate the future value of a $1,000 investment If the $1000 is invested in the U.S., the future value is $ (Round your response to two decimal places.)

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