1. Your rich aunt has promised to give your $7700 in 3 years. How much should you be willing to receive today (in lieu of the $7700 in 3 years) if you can earn 7% per annum, compounded semi-annually? (Round to nearest penny, e.g. 1234.56)

2. At what per annum rate must $290 be compounded monthly for it to grow to $821 in 11 years? (Round to 100th of a percent and enter your answer as a percentage, e.g., 12.34 for 12.34%)

3. The Heavens Gate Group have $32 million in cash. In order to reach the comet that will take them to a new world they need the $32 million to grow to $95 million. How many years will it take before the group can leave if they earn 8.2% per annum on their stash of cash? Assume annual compounding. (Enter your answer in years to 2 decimal places, e.g., 12.34)