How would you respond to this post?

Something that I want would be to go on a trip to Bora Bora in the French Polynesian Islands. The trip for two costs $10,000. For the purpose of the example, I will attempt to purchase the trip in 12 years at a return rate of 5%, utilizing the present value formula. As mentioned by (Byrd & Hickman,2013), the present value will help determine how much money is needed now in order to achieve the desired monetary goal. PV=10,000*(12/ (.05)) ^12= $5,568.37 If I wanted to reach my goal of $10,000 in 12 years at a rate of 5%, compounded annually, I would have to invest $5,568.37 today. If I wanted to leave an endowment that goes into effect 50 years from today and also want to fund a grand party yearly, so I am not forgotten, the following must occur. Assuming the money will compound monthly at a 6% interest, I would have to invest $5,000 yearly to fund the annuity in 50 years fully. FV=5000*(.06) ^50=$920,100.77