Your sister bought a condominium unit for 9 300 000 through a condominium loan which she avails from a universal bank at a fixed annual rate of 8% for 10 years. What amount is financed by the bank if she is required to pay an equity of 30% of the total price of the condominium?

Your sister bought a condominium unit for 9 300 000 through a condominium loan which she avails from a universal bank at a fixed annual rate of 8% for 10 years. How much would be your sister's monthly amortization if she is required to pay an equity of 30% of the total price of the condominium?

Your aunt invested a variable insurance product of a universal bank. If her annual premium is 40 000 for 10 years, what single amount should your aunt invest today instead of an annuity? Assume that the interest rate is 4% compounded monthly.