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Find the amount and present value of P 15,000 payable every three months for 10 years, if money is worth 5% compounded quarterly. 22. Find the amount and present value of P: 40,000 payable every end of the month at 9% compounded monthly for 5 years and 4 months. 23 A sala set is offered for sale for P 50,000 down payment and P: 1,500 every 3 months for the balance for 24 months. If interest is to be computed at 4% compounded quarterly, what is the cash price equivalent of the sala set? 24. A fund is to be created by investing F 10,000 at the end of every month for 10 years. If money is worth 8% compounded monthly, how much is in the fund at the end of 10 years? 25 How much monthly deposit must be made for 8 years and 6 months in order to accumulate F 125,000 at 7% compounded monthly? 26. Nick wants to buy a secondhand tricycle worth $ 40,000. He can pay a down payment of P- 5,000 and the balance payable at the end of every month for 2 years. Find how much must Nick pay monthly at 3-% compounded monthly? 27. Jessa Mae wants to have P 50,000 at the end of 4 years for her graduation expenses and blow- out party. She plans to deposit a certain amount, at the end of each month to achieve this goal. If her deposit pays 8% compounded monthly, what should be her monthly deposit? 28. If you can save P 875 at the end of each month, how long will it take you to accumulate F 100,000, if a you get a 6% compounded monthly on your savings? 29 The present value of an annuity is P 75,000. Quarterly payments of P 5,000 are invested at 4% compounded quarterly. How many regular payments will be made? 30. Russel purchased a brand new car. He paid P 250,000 down payment, and P 16,500 payable every 17th day of each month for 5 years. If money is worth 8% compounded monthly, what is the equivalent cash price of the car? 31. What amount must be set aside on Harvey's 7th birthday which will provide 24 quarterly payments of P 5,000 for school expenses, if the first payment is to be made on his 18th birthday, being a freshman in college? Assume that money is worth 6% compounded quarterly? 32. Find the value on May 30, 2019 of a sequence of P 15,000 monthly payments, the first payment to be made 5 years after, and the last payment on December 30, 2029, if money is worth 5-% compounded monthly