1. What is the accumulated value of periodic deposits of $30 at the beginning of every quarter for 23 years if the interest rate is 3.18% compounded quarterly?

(Round to the nearest cent)

2. Tiffany secured a 3-year car lease at 5.90% compounded annually that required her to make payments of $885.99 at the beginning of each month. Calculate the cost of the car if she made a downpayment of $1,250. (Round to the nearest cent)