Zach borrowed P2,000 at a rate of 6.2% from the bank. The date of the loan was April 3rd. Zach repaid the loan on July 3rd. Assuming the loan is based on exact interest, how much does Zach owe on July 3rd? P2.036.45P2,030.92P2,031.34P30.92P31.34 Phoebe took out a loan of P50.000 from Banco de Oro at 8% on March 19. 2019, which is due on July 8,2020 (Note: 2020 was a leap year). Using exact interest, the amount of Phoebe's interest cost is: P5,261.44P5,216.44P5,227.40P5,018.44P2,561.44 Jayson took out a loan of P60,000 to pay for her child's education. The loan would be repaid at the end of eight years in one payment with an interest of 6%. The total amount Jayson has to pay back at the end of the loan is: P80,800 P28.800 P88,800 P82,800 P88,008 Anika visits his local bank to see how long it will take for P1,200 to amount to P2,100 at a simple interest rate of 7%. The time. is: (Note: Round time in years to the nearest tenth) 9.2 years 17.1 years 11.1 years 10.7 years 12.8