Question 150849
see this --> http://www.moneychimp.com/articles/finworks/fmfutval.htm

{{{FutureValue = Principle(1+r)^n}}}
r = 12% = 0.12
n = 5
Principle = 14000

{{{FV = 14000(1+0.12)^5}}}
{{{FV = 14000(1.12)^5}}}
{{{FV = 14000* 1.7623}}}
{{{FV = 24672.78}}}