lanning #6 (similar to): Present Value Question Help Present Value. Cheryl wants to have $3,400 in spending money to take on a trip to Disney World in three years. How much must she deposit now in a savings account that pays 7% per year to have the money she needs in three years? To have $3,400 in three years, Cheryl would need to deposit $[ ]. (Round to the nearest cent.) (Use your financial calculator or you may use the Financial Tables in Appendix C in computing your answer.)