Rose wants to invest her savings of $$9,000$ in an account that provides a $12\%$ interest rate. However, she will only make this investment if her investment will earn $$12,000$ at the end of $3$ years.

Which TVM calculation will determine if her current investment will earn the required return?

Discounting the future value of $$12,000$

Discounting the present value of $$12,000$

Discounting the future value of $$9,000$

Discounting the present value of $$9,000$