Question: Help tutor hehe. Thanks Activity 1. Solve the following problems involving interest. Show your solution. 1. To expand his business in selling accessories. lCarl needs

Help tutor hehe. Thanks

Activity 1. Solve the following problems involving interest. Show your solution. 1. To expand his business in selling accessories. lCarl needs a loan of PHPSD,DGO. a bank approved his loan at 10% annual interest rate which he agreed to pay back in El equal monthly installments. Complete the values of his amortization schedle below. Show ur solutions on another sheet of --: . r. I]. Compute for I and F using the following information Show your solution on a separate sheet of paper. III. Solve the following problems. 1. Katina borrowed M5300 fora year 15%. How much will she need to pay for the loan when it matures? How much interest will she have to pay? 2. Manny lent Robby PhP] 0.000 at 12%. Robby promised to pay Manny in 1 year. Compute and compare the ordinary and exact interest for the said loan. Which interest will Robby choose to pay if given the choice? IV. Prepare an amortisation schedule for the 12 monthly payments of a loan worth PhPEDDDD being charged with 15% per annum. Compare your answer with an online calculator or Microsoft Excel

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