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you want to travel to Europe to visit relatives when you graduate from college three years from now. The trip is expected to cost a

you want to travel to Europe to visit relatives when you graduate from college three years from now. The trip is expected to cost a total of 10,000 at that time. Your parents have deposited 5,000 for you in a CD paying 6% interest annually, maturing three years from now. Aunt Hilda has agreed to finance the balance. If you are going to put Aunt Hilda's gift in an investment earning 10% over the next three years, how much must she deposit now, so you can visit your relatives at the end of three years

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