Page 30. Kindly write the answer and solution on a sheet of paper or anything that can easily read and understand. Thankyou!

II. Problem Solving: Solve the following problems with complete solution 1. How much interest is earned in 4 years on Php 12,000 deposited in an account paying 4% compounded semi-annually? 2. If Php 60,000 is due at the end of 4 years at 5% compounded annually. What is its present value? 3. Hannah purchases a cellular phone for Php 65,000. She makes a down payment of 10% and agrees to repay the balance in 12 equal payments. If the balance is charge with a simple interest of 2%, calculate the monthly payment. 4. A stock pays an annual dividend of Php 80 per share. If the stock is trading at Php 1500, what is the dividend yield? 5. You purchased 50 stocks from a corporation at Php 400 per share and sold them at Php 535 per share. Calculate your profit. 6. Your statement date is every 4th day of the month. You made a purchase on April 3. When is the statement date for the said purchase? 7. Calculate the finance charge for a credit card that has an average daily balance of Php5600 and a monthly interest rate of 1.35%. 8. You invested Php20,000 in a financial institution for a trust fund in NAV of Php 65 per share. Have many shares have you invested? 9. You plan to buy a house-and-lot through home loan from a bank. The selling price is Php 1,800,000, and the bank requires a down payment of 20% of the selling price. How much is the down payment? 10. You purchase a house-and-lot for Php 1,850,000 and obtain a 25-year fixed rate mortgage of 8.5%. If the equity is Php 300,000, what is the monthly payment