Question: Kara George received a ( $ 16,000 ) gift for graduation from her uncle. If she deposits this in an account paying 5 percent, what

$Kara George received a \$ \\$ 16,000 \$ gift for graduation$

Kara George received a \$ \\$ 16,000 \$ gift for graduation from her uncle. If she deposits this in an account paying 5 percent, what will be the value of this gift in 14 years? Use Exhibit 1.A. (Round FV factor to 3 decimal places and final answer to the nearest whole dollar.)

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