Answer the following with solution and make sure the final answer is inside the box.

1 . A fast food establishment bought an equipment for Php 6,000,000 with a salvage value of Php 600,000 over a period of 5 years and pay a lump sum of Php 400,000 for its maintenance cost. The minimum attractive rate of return is 16 % annually. Compute the annual maintenance cost and capitalized cost for the said equipment. 2. Ms. Reyes bought a jewelry costing Php 19,300. She agrees to make payments at the end of each monthly period for 5 years. She pays 6 % interest compounded monthly. What is the total amount of each payment? Find the total amount of interest paid