Question: 7. Assume that a PHP 10,000 loan has 3% interest p.a. compounded quarterly. What will be its future value after 25 years? 8. Assume that

7. Assume that a PHP 10,000 loan has 3% interest p.a. compounded quarterly. What will be its future value after 25 years?

8. Assume that a PHP 10,000 loan has 3% interest p.a. compounded quarterly. What will be its future value after 30 years?

9. How much would a PHP 10,000 loan grow after 25 years if it earns 6% compounded semiannually?

10. How much would a PHP 10,000 loan grow after 25 years if it earns 7% compounded semiannually?

11. How much would a PHP 10,000 loan grow after 25 years if it earns 8% compounded semiannually?

12. An obligation will be amortized by monthly installments of PHP 5,250 for 8 years and 8 months with interest rate of 8%. Find the value of the obligation.

13. An obligation will be amortized by monthly installments of PHP 5,250 for 8 years and 8 months with interest rate of 8%. Find the remaining liability at the end of 4 years and 4 months

14. An obligation will be amortized by monthly installments of PHP 5,250 for 8 years and 8 months with interest rate of 8%. Find the outstanding principal just after the 68th payment.

15. An obligation will be amortized by monthly installments of PHP 5,250 for 8 years and 8 months with interest rate of 8%. How much of the 100th installment is paid to interest?

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