2. Which has the second highest effective annual rate of interest? 12% compounded monthly 12.25% compounded quarterly 12.5% compounded semi-annually 12.75% compounded annually 3. If P20000 with an interest rate of 10% compounded quarterly is payable in 2.5 years. What will be the discounted amount in 1.5 years if the rate of interest is 14.43%. 4. Engr. Mark loans from a loan firm an amount of P100,000 with a rate of simple interest 12% in Feb. 10, 1800 but the interest was deducted from the loan at the time the money was borrowed. If at the end of Nov. 30, 1800, he has to pay the full amount of P100,000, what is the actual rate of interest. 5. A sum of P1000 is invested now and left for eight years with an effective annual interest rate of 5%, at which time the principal is withdrawn. The interest that has accrued is left for another eight years. If an inflation rate during the last 8 years is 1.5% per year, what will be the withdrawal amount at the end of 16th year? 6. What is the value of (F/P, 8%, 6) if it is compounded semi-quarterly