Question: Question 19 3 Points You have deposited PHP 2,000 two years ago, PHP 1,000 five years ago and PHP 1,000 seven years ago. If the

 Question 19 3 Points You have deposited PHP 2,000 two years

Question 19 3 Points You have deposited PHP 2,000 two years ago, PHP 1,000 five years ago and PHP 1,000 seven years ago. If the rate of interest for the first three years after you deposited your first savings is 8% compounded annually and the interest rate after the first three years is 10% compounded annually, determine the present worth of your savings. A $6,013.75 B $8,415.17 C $4,999.12 D$5,845.57 Question 20 3 Points A payment was made two years ago for an amount of $36,000 to initially payoff a debt of $42,000 made four years ago. If the borrower plans to pay the remaining balance and interest accumulated next year, determine the total amount he need to pay if the interest applied is 10% compounded semi-annually. A $19,100.15 B$20,170.13 C) $18,970.45 D) $21,673.23

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