Question: Can you provide a solution and explanation for every question? thank you. this topic is all about time value of money. 2. TIME VALUE OF

Can you provide a solution and explanation for every question? thank you.

this topic is all about time value of money.

2. TIME VALUE OF MONEY (10 Points) a. Your bank offers to lend you P20,000 to repaid in six equal year-end installments of P5,142.71. What interest rate is the bank charging you on this loan? I b. How much would you have to invest today to receive 1. P12,000 in 6 years at 12% 2. P15,000 in 15 years at 8% 3. P5,000 each year for 10 years at 8%

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