Problem A. You borrowed Php 100,000.00 from a local bank for three (3) years. 1. Solve for (a) and (b) at 10% compound interest per year (a) How much interest would you pay at the end of three (3) years? (b) The total amount owed to the bank 2. Solve for (a) and (b) at 10% simple interest per year (a) How much interest would you pay at the end ofthree (3) years? (b) The total amount owed to the bank Problem 8. XYZ Construction has decided to build a clubhouse and track five years from now. It must accumulate Php 3,000,000.00 by the end of five {5) years by setting aside a uniform am0unt from its dues at the end of each year. If the interest rate is 10 percent, how much must be aside each year? Problem C. Yoko has just bought a new computer {Php 100,000), a printer (Php 25,000), and a scanner {Php 12,000). She wants to take the monthly payment option. There is a monthly interest of 3 percent on her purchase. 1. If Yoko pays Php 6,000 per month, how long does it take to complete her payments? 2. If Yoko wants to finish payments in 24 months, how much will her monthly payment be? Problem D. What interest rate will result in Php 300,000.00 seven years from now, starting with Php 130,000.00 today? *Errotum: For compounding period, use this form uio: F, = P(1 + i)" where L- = compound interest If = F c P I = interest rate per period P = principal amount N = number of compounding periods