CE40 Engineering Economy 91:\" A loan of Php5,000 is made for a period of 15 months at a simple interest of 15%. What future amount is due at the end of the loan period? What will be the future interest of Php'l0,000 after a year at i=8% per annum considering the withholding tax imposed on savings deposit in the Philippines? Find the simple interest on Php5,000 for the period from January 20, 1992 to October 28, 2005 at 15% interest. What interest rate com pounded monthly is equivalent to 10% effective rate? Mr. Cruz borrowed Php5,000 from his classmates and agreed to pay the loan at the end of 1 year. His classmate discounted the loan and gave him Php4,000 in cash. a. What was the rate of discount? b. What was the effective rate of interest? How much do ten Php2,000 quarterly payments amount at present if interest rate is 10% compounded quarterly? A father of a boy deposited to a trust company a sufficient amount of money on the day his son was born so that the boy could receive five annual payments of Phpi0,000 each for his college tuition fees starting with his 18th birthday. How much did the father deposit? A father of a boy deposited to a trust company a sufficient amount of money on the day his son was born so that that the boy could receive five annual payments of Php10,000 each for his college tuition fees starting with his 18th birthday. What of the son elects not to withdraw the annual payments and decided to withdraw single lumped sum amount on his 25th birthday. How much did the boy receive as the single payment