As of 2015, per capita spending on health care in the United States was about $9000. If this amount increased by 7 percent a year, what would be the amount per capital spending for health care in 5 years?
Use the appropriate Time Value of Money table [Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, OR Exhibit 1-D]
(Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)