Note that these are three separate problems and are not related to each other.

1. You invest $33,000 today and $3800 per year for 30 years. Assuming you earn an 8.6% rate of return, how much will you have at the end of the 30^th year?
2. You want to borrow $20,000. For the loan to you must repay $1000 every quarter (4 times per year) for the next 6 years plus $7500 at the end of the 6 years. Based on this, what rate of interest are you paying?
3. Finally, assume you currently have $220,000 that you are ready to invest for retirement. In addition, you plan to save
   • $9,000 per year at the end of each year for years 1-11
   • $12,000 at the end of year 12
   • $18,000 per year at the end of each year for years 13-19
   Assuming you earn 8.8% as an annual rate of return, how much will you have 19 years from today when you retire?

I already completed part 1.