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Amold and Helene would like to visit Austria in three years to celebrate their 25th wedding anniversary. Currently, the couple has saved $22,000, but they

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Amold and Helene would like to visit Austria in three years to celebrate their 25th wedding anniversary. Currently, the couple has saved $22,000, but they expect the trip to cost $26,000. Required: 1-a. If they put $22,000 in an account that earns 6% interest, compounded annually, how much will they have in three years? (FV of $ PV of \$1. EVA of \$1, and PVA of \$11 1-b. Will they be able to pay for the trip in three years? Complete this question by entering your answers in the tabs below. If they put $22,000 in an account that earns 6% interest, compounded annually, how much will they have in three yeats? (Use tables, Excel, or a financial calculator. Round your answer to 2 decimal places.)

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