1. Lisa Simpson wants to know how much money she would have to deposit in an account paying 10% interest annually at age 25 in order to have a million dollars at age 65?

2. Bart Simpson, age 8, wants to be a millionaire by the time he is 40 by making annual deposits beginning immediately in an investment fund paying 12% annually. How large must Barts annual deposit be?

3. Homer Simpson is embezzling money from Burns Electric and plans to be able to deposit $20,000 each year for the foreseeable future in an off-shore account paying 8% annually. How many deposits does Homer have to make in order to have a million dollars (round your answer up)?