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Solve the following problems on compound interest. Write the given, what is asked in the problem, and show the solution. 1. Kian lends Php 75

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Solve the following problems on compound interest. Write the given, what is asked in the problem, and show the solution. 1. Kian lends Php 75 000 for 3 years at 5% compounded monthly. Find the future value and interest of this amount. 2. Yeng has a choice to make for short term investments for her excess cash Php 50 000. She can invest at (a) 6% compounded quarterly for 6 months or (b) 5% compounded semi- annually for 1 year. Which is larger? 3. Marie is planning to invest Php 200 000. Bank A is offering 7.5% compounded semi- annually while Bank B is offering 7% compounded monthly. If she plans to invest this amount for 5 years, in which bank should she invest

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