1. Mary wants to save $12,000 per year for 35 years for her retirement. How much will she have at the end of 35 years if she earns 19%. The investment will be made at the end of the year.
2. Mary wants to save $12,000 per year for 30 years for her retirement. How much will she have at the end of 30 years if she earns 9%. The investment will be made at the end of the year.
3. Sam wants to save $12,000 per year for 30 years for his retirement. How much will he have at the end of 30 years if he earns 3%. The investment will be made at the end of the year.