a. You plan to take a vacation in 10 months that will cost $8,167 How much do you have to invest today to just fund your vacation if your investments earn 4.7% APR (compounded monthly)?

b. You will have a property tax payment due in 10 months that will cost $8,292. How much do you have to invest today to have just enough to pay your property tax bill if your investments earn 4.9% APR (compounded monthly)?