NOTE: ANSWERS MUST BE DIGITALIZED NOT HANDWRITTEN BECAUSE I AM HAVING A HARD TIME SEEING MESSY HANDWRITING

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Let's Recall A. Solve the following problems. 1. Find the future value of the P60 000 if the money is worth 12% simple interest for three years. 2. What is the future value of P90 000 if the money is worth 13% compounded quarterly for three years? 3. Find the present value of an annuity that has a monthly payment of P2 000 every end of the month for three years and it is worth 11% compounded monthly. 4. Find the quarterly payment if the present value of an annuity is P60 000 and it has 14% interest compounded quarterly for two years.B. Complete the crossword puzzle using the definitions and clues found below. 1 3 5 2 6 1. It is a payment scheme such that a loan is repaid in equal payments that include interest and a portion of principal. 2. It is a series of equal payments made at the end of consecutive periods over a fixed length of time 3. It is the payment that is described in number 2. 4. It is an amount of money that you pay at the time that you buy something but is only a part of the total cost of that thing. 5. It is a debt provided by one entity (an individual or an organization) to another entity at an agreed interest rate. 6. It is the current value of a future sum of money or stream of cash flows given a specified rate of return