Sophie is planning a vacation to Europe in 5 years and has found an ideal travel package priced at $5,000 today. She expects the cost of the package to increase at an inflation rate of 2% per year. If Sophie plans to book the trip 5 years from now, how much should she save now, assuming she can earn 6%, compounded monthly? Question 6Select one: a. $3,708 b. $4,093 c. $5,629 d. $5,520