please answer these in details and in the following format:

a. given

b. required

c. solution

please skip if you are not sure with how to solve these.

Note: I need complete solution for these and separate calculations in no. 5 for option A and option B

better if you will write your solution in a paper and attach it here. willing to give helpful rate as long as all the requirements are met. thank you.

1.Mr. Simpson borrowed a particular amount of money from the bank. He is going to pay Php 40,000 monthly for 3 years and payment will start at the end of the payment period. How much did he borrow if the interest is 10% compounded monthly?

2.Mrs. Cruz borrowed Php 1,000,000 from ABC Bank and agreed to pay a particular amount per month for 3 years. If ABC Bank has interest of 12% compounded monthly and the payment will be made at the end of each period, how much should she pay monthly?

3.A home loan was made with IJK Bank. The loan was approved on January 1998 and expected to be fully paid on January 2008. If the first payment of Php 10,000 was made on October 1998 at an agreed interest rate of 10% compounded quarterly, how much was the approved loan?

4.A wealthy man wants donate an amount of money to sustain a scholarship. 1 year after the man donated, a total of Php 300,000 will be given out annually to deserving students per year. How much should the wealthy man donate if the money is worth 10% compounded annually?

5.Mr. Alfonso will be retiring in 3 months and the company where he is working gave him option on his retirement. Option A is he will be receiving a lumpsum amount of Php 3,000,000 on his 60th birthday. Option B is he will be receiving Php 80,000 per month for 4 years and will start 1 month after his 60th birthday. Which option shall he choose? Show your calculations.