Question: BUSINESS AND CONSUMER LOANS Solve the given problem. 1. A loan of P200,000 is to be repaid in full after 3 years. If the interest

BUSINESS AND CONSUMER LOANS Solve the given problem. 1. A loan of P200,000 is to be repaid in full after 3 years. If the interest rate is 8% per annum. How much should be paid after 3 years? 2. If a condominium is purchased for P5,700,000 and the bank requires 30% down payment, how much is the mortgaged amount

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