= Homework: Chapter 4 Homework Question 3, P4-3 (similar ... Part 1 of 2 HW Score: 0%, 0 of 12 points O Points: 0 of 1 Save Save Future value. A speculator has purchased land along the southern Oregon coast. He has taken a loan with the end-of-year payments of $7,400 for 11 years. The loan rate is 4%. At the end of 11 years, he believes that he can sell the land or $90,000. If he is correct on the future price, did he make a wise investment? What is the future value of the loan 11 years from now? (Round to the nearest cent.)