PROBLEM 3: A man inherited a regular endowment of P 100,000.00 every end of 6 months for 7 years. Rate of interest = 6% 6. If he wanted to get a single lump sum payment at the end of 7 years, how much will he acquire at the end of 7 years. 7. If he acquired the initial 4 payments, and decided to get a single lump sum payment at the end of 7 years, how much will he get? 8. If he wanted to get a single lump sum payment at the end of 4 th year, how much will he get?