I want to take my family on vacation to Disneyland in three years. I believe I will need $24000 for the three weeks I plan to spend in Florida. I can earn 8% APR in my savings account at the bank. How much will I need to deposit each month to reach my goal (PMT)?

N=3*12=36

I/Y=8/12= .667

FV=24000

PMT= 24000*(0.08/12)/((1+0.08/12)^(12*3)-1)= 592.07

If I deposit $900 each month, how much will I have for my vacation (FV)?

If I made the first deposit today, how much will I have for my vacation (FV)?