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solve for the following 1. Sean needs to raise Php 80,000 in 15 months. What amount should she set aside now and invest in a

solve for the following
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1. Sean needs to raise Php 80,000 in 15 months. What amount should she set aside now and invest in a fund earning 2% per month to reach her target amount? 2. Find the compound amount due in 6 years and 2 months if Php 350,000 is invested at 12% interest compounded quarterly. A business loan worth Php 1,000,000 is to be repaid quarterly for 2 years. The interest rate is 10% converted quarterly. a.) How much is the quarterly payment? b.) How much is the total amount paid and the total interest? c.) Construct an amortization schedule. d.) How much is the outstanding balance after 1 year? e.) How much are the principal repayment and interest component of the 5 th payment? 7. Mr. Remo is considering paying his outstanding balance after 6 years of payment. The original amount of the loan is Php 500,000 payable annually for 10 years. If the interest rate is 10% per annum and the regular payment is Php 81,372.70 annually, how much is the outstanding balance after the 6th payment? 8. How much is the original loan if semi-annual payments of Php 100,000 are used to repay it at 5% compounded semi-annually for 8 years

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