1.Deposits of $1,560 are made annually into an account earning i(1)=6.3%. What is the accumulated value right after the 8th deposit is made? Assume the first deposit is made in 1 year.

2.What is the present value of an annuity that pays $1,220 each quarter for 6 years if interest rates are i(4)=4%? Assume the first payment is made in 3 months.

3.You deposit $910 each month into an account earning i(12)=11.9%. Suppose you make the first deposit today, and you make a total of 48 deposits. How much money is in the account 3 years after the last deposit?