Q1: You have 100 pesos a month you can deposit into an account earning 3.9% APR, compounded monthly. How long will it take you to save 10,000 pesos? (Round off to whole numbers)

Q2: You purchase a new airplane for your company for 1,800,000 pesos by putting 10% down and using financing for the remaining balance. The financing agreement requires quarterly payments for 5 years and charges interest at an annual rate of 8%, compounded quarterly. What is the required quarterly payment? (Round off to whole numbers)

Q3: If you deposit 500 pesos at the end of each year for 3 years into an annuity that pays 5% annual simple interest, what is the value at the end of 3 years? (Round off to whole numbers)