pls help me answer this

1. Mr. Sotto won PHP10 million in the lottery. He was very excited to collect his winnings and had several plans for his PHP10 million. He would buy his dream house, car and a lot more. However, he was very disappointed when the officers from PCSO said that he will not get his PHP10mi|lion pesos upfront. He however has the following options: 0 Get 8.1 million upfront - Receive 1 million every year for 10 years 0 Receive 1.8 million every years for 5 years The current government bonds have yield of 5% per annum. Which is the best option? 2. What is the present value of a 5-year annuity payment of PHP1,000 with a discount rate of 5% if the first payment will be made today? 3. Mario will be making a lump sum payment of PHP1.6 million on the condominium he is buying two years from now. If he wants to set aside funds from now and invest it that will earn interest of 3%, net of taxes every year and this amount is compounded annually, how much does he need to invest today? What if the interest is compounded semi-annually, how much does he need to invest today? 7 V J \\_ 4. On January 1, 2015, Mac Inc. issued 3,000,000 bonds with a coupon rate of 8% maturing in 4 years. The interest is paid annually, and the market interest rate at the date of issue was 11 '35. What is the issue price of the bond? Prepare the 4 year amortization schedule for the bond