Mr. Agustin's eldest child is to enroll in college. He wants to borrow from a bank to pay his child's school fees. What kind of loan is represented in the given situation? Business Loan O Consumer Loan Provisional Loan Emergency Loan point If a house and lot is sold for Php3.000.000 and the bank requires 12.5% down payment, what is the total amount of the mortgage? * Php2,250,000 O Php2,275,000 O Php2,525,000 0 Php2,625,000 2 points A Php50,000 loan is to be amortized by paying quarterly in 1 year. If a money is worth 10% compounded quarterly, how much is the quarterly installment? Php13,290.89 O Php12,256.24 Php15,254.25 Php10,290.58 Ms. Castillo got a business loan worth Php850.000. She agreed to pay the 2 points loan quarterly in 4 years. The quarterly payment is Php65,109.14 if money is worth 10% convertible quarterly. How much is the outstanding balance after the second year