Juan and Rachel Burpo plan to buy a time-share in five years for $16,860. In order to have adequate funds to do so, the Burpos want to make a deposit to their money market fund today. Assume that they will be able to earn an investment rate of 4.75%, compounded annually. How much will Juan and Rachel need to deposit today to achieve their goal? (Round off to the nearest dollar.) a. $12.748
b. $13.369 c. none of these d. $14,243 e. $10,885