You have always dreamed of taking a trip to Machu Pichu. What lump sum do you have to invest today to have the $12,000 needed for the trip in three years? Assume that you can invest the money at 10%.

You have always dreamed of taking a trip to Machu Pichu. What lump sum do you have to invest today to have the $12,000 needed for the trip in three years? Assume that you can invest the money at 10%.

You have always dreamed of taking a trip to Machu Pichu. What lump sum do you have to invest today to have the $12,000 needed for the trip in three years? Assume that you can invest the money at 10%.