Assignment Content Question 1 UPLB Hydra Systems makes a piping machine with 3.7m diameter piping head. The company wants to borrow money for a new production facility. If the company offers to repay the loan with 60,000pesos in one year and amounts increasing by 10,000 pesos each year through year 5, how much can the company borrow at an interest rate of 10% per year? ANSWEQuestion 2 Ms.Sue was selling a house for a cash price of 5 million pesos but agreed to have it paid on monthly installment for 5 years. If the rate of interest is 4% compounded monthly. how much should the monthly installment he. Assume installments are paid at the end of each month. ms Question 3 Find the present 1worth of a perpetuity of 13.000 payable every 3 months if money is worth 12% compounded monthly. ANSWE_ Question 4 Cost of an X-ray machine is 1.5M pesos that has a useful life of 10 years, salvage value of 20,000 pesos. Find the 5th year depreciation using double declining balance method ANSWE Question 5 An engineer deposits 7,000 pesos every year end in a savings account that pays nominal annual interest of 7% compounded continuously. How many years will it take him to accumulate 140,000 pesos? ANSWERQuestion 6 Mr Cruz is preparing his retirement at a certain period "n" year from now, he deposits a uniform amount of 3500 pesos at the end of each year into a fund that earns an interest of 3.5% compounded annually. Find the value of "n" when the compound amount factor due to the series of equal deposits is equal to 35.3437