Question 10 4 points Save Ans You want to travel to Europe when you graduate from college three years from now. The trip is expected to cost a total of $12,000 at that time. Your parents have deposited $6,000 towards the cost of the trip in a bank CD which pays 5% interest annually. The CD will mature in three years, when you can use it to pay for part of your trip. Your parents have said that you will have to come up with the balance of the cost of the trip. If you start with nothing, but plan to make a deposit each year over the next three years in an investment earning 8%, how large must your annual deposit be so you can visit Europe at the end of three years? $2,000 $6,946 $1,555 $6,009 A Click Submit to complete this assessment.