Question 1 A yearly payment of PHP 5,000 is to be made for 5 years starting 2 years from now. Another payment is to be made for PHP 6,000 on the eighth year and a series of PHP 4,000 payment is also planned for 3 years starting the 10th year. Find the value of your debt today. (i = 10% compounded annually) Use the editor to format your answer Question 2 How much money would you have to deposit for 5 years starting one year from now if you want to be able to withdraw PHP 50,000 ten years from now if the interest rate is 14% compounded annually? Use the editor to format your answer Question 3 Mr. Smith has saved $1,200 each year for 25 years. A year after the saving period ended, he withdraw $4,500 each year for a period of 5 years. In the sixth and seventh year after the saving period, he withdraw $3,000 per year and on the eighth year, he decided to withdraw all the remaining money. If the interest rate is 5% per year, what is the amount of his last withdrawal? Use the editor to format your answer Question 4 A fund is to be donated by a wealthy man to provide an annual scholarship to deserving students. The fund will grant PHP 5,000 for each of the first 5 years, PHP 8,000 for each of the next 5 years and PHP 10,000 thereafter. The scholarship will start one year after the fund is established. If the fund earns 8% compounded annually, what is the amount of donation