Anna has two choices of lending institutions. A offers to lend P10,000 at 15% simple interest for 10 years. B offers to lend the same amount at a rate of 10% compounded annually for 10 years. Which Lending institution would you recommend? upload your solution with signature. Use the editor to format your answer Question 4 3 Points 1. You deposit $3,000 in a savings account today that earns 9%simple interest per year. If you deposit another $3,000 after three years, what is the total amount accumulated in your account at the end of 10 years? Use the editor to formot your answer Question 5 2 Points What is the Future amount of P1 000 at the end of 5 years charged an interest of 10% compounded annually? Use the editor to format your answer Determine the present equivalent and annual equivalent value of the following cash flow pattern when the interest rate is 8% per year compounded annually. Show a cash flow diagram to support your solution, with signature 2 4 5 6 End of year 1 +500 3 +500 7 +100 +400 +300 +200 +500 Amount ($) -1,500 Use the editor to format your answer 10 Points Question 8 A friend loaned from you and agreed an interest rate of 10% compounded annually. She then paid P2,500 at the end of year 3, P4,500 at the end of years, and P7.250 at the end of 10 years, If it was arranged at an equal annual payment for 10 years, what would be the amount? Use the editor to formot your