You are saving for a Porsche Carrera Cabriolet, which currently sells for nearly half a million dollars. Your plan is to deposit $31,500 at the end of each year for the next 10 years. You expect to earn 8 percent each year.

Required:

1. Determine how much you will have saved after 10 years.

2. Determine the amount saved if you were able to deposit $36,000 each year.

3. Determine the amount saved if you deposit $31,500 each year, but with 10 percent interest.

(Please show work and calculator steps if applicable, thank you!)