1.

If you deposit $8,076 today in an account that pays 4.31% APR (compounded monthly), how much will you have in the account in 34 years?

2.

You would like to buy a house and will need a down payment of $19,038 in 6 months.

How much would you have to invest, each month, starting next month, for 6 months to exactly pay for the down payment if your investments earn 3.44% APR compounded monthly?

3. As a graduation present, you decide to pay for 9 months of your childs rent, starting next month. Each months rent is $806. If your investments earn 3.36% APR (compounded monthly), how much would you have to invest today to exactly pay for the rent?