1. Compute the nominal annual rate of interest (compounded monthly) at which $300 deposited at the end of each month for ten years will amount to $40,000.

2. 14 deposits increasing at a constant rate of 3.4% are made at the end of each year. The first deposit was 942 and fund earns 10.4% compounded annually. What is the future value of the periodic constant growth payments?

3. 15 deposits increasing at a constant rate of 3.9% are made at the end of each year. The first deposit was 1726 and fund earns 10.2% compounded annually. What is the size of the last deposit?