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Question 7 You plan to spend the next four vacationing abroad. The first summer trip, which is exactly one year away, will cost you $22,000,

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Question 7 You plan to spend the next four vacationing abroad. The first summer trip, which is exactly one year away, will cost you $22,000, the second, $12,100, the third, $26,620, and the fourth $14,641. You want to save for these vacations. How much should you deposit in your account today so that you will have exactly enough to finance all the trips? The account pays interest at 10.0% per year

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