Solve questions no.1 to 5, and show a clear and readable solution. Note: The answer is given on the bottom side of the image, just show the solution on how to get it. Thanks!!!

1. What is the annual rate of interest if P265 is earned in four months on an investment of P 15,000? Ans. 5.3% . 2. A loan of P2,000 is made for a period of 13 months, from January 1 to January 31 the following year, at a simple interest rate of 20%. What future amount is due at the end of the loan period? Ans. P2,433.33 3. If you borrow money from your friend with simple interest of 12%, find the present worth of P20,000, which is due at the end of nine months. Ans. P18,348.62 4. Determine the exact simple interest on P5,000 for the period from Jan. 15 to Nov. 28, 1992, if the rate of interest is 22%. Ans. P955.74 5. A man wishes his son to receive P200,000 ten years from now. What amount should he invest if it will earn interest of 10% compounded annually during the first. 5 years and 12% compounded quarterly during the next 5 years? Ans, P68, 758.67