Mr Ramirez borrowed P 15,000 two years ago. The terms of the loan are 10% interest for 10 years with uniform payments. He just made his second annual payment. How much principal does he still owe? P 13,679.90 O P 13,543.12 O P 13,908.45 O P 13,023.52 A company issued 50 bonds of P1000 face value each, redeemable at par at the end of 15 years to accumulate the funds required for redemption. The firm established a sinking fund consisting of annual deposits, the interest rate of the fund being 4%. What was the principal in the fund at the end of the 12th year? P 37, 129.90 O P 38,897.89 O P 38,789.09 O P 37, 520.34