1. Lola has $3,000 saved to buy a new car. If she can earn a 7% rate of return for 3 years, how much will she have (approximately) at the end of the 3 years?

2. What is the future value of $100,000 if you can earn 9% on an annual basis for 9 years?

3. Assuming Lola has $1,000 today, approximately how long will it take Lola to double her money if she can earn a 3% return on her investment?