10. Present value is

12. Jane wants to set aside funds to take an around the world cruise in four years. Jane expects that she will need $15,000 for her dream vacation. If she is able to earn 8% per annum on an investment, how much will she have to set aside today so that she will have sufficient ftnds available?e a. b. c. d. $3,329e $20,406e $11,025e $10,208e