1. A businessman needs P500,000 for his operations. One financial institution is willing to lend him the money for one year at 12.5% interest per annum (discounted). Another lender is charging 14%, with the principal and interest payable at the end of one year. A third financer is willing to lend him P500,000 in 12 equal monthly instalments of P46,000. Which offer is best for him?   2.The officers and board of directors of the PICE desire to award a P25,000 scholarship annually to deserving civil engineering students for as long a its scholarship fund last. The fund was started July 1,2000 by a donor in th amount P180,000. The PICE invested this amount at that time at 8% pe annum and plans on adding P20,000 each year to the fund from its due starting July 1, 2003 for as long as awards are made a. For how many years starting July 1, 2000 can scholarship be awarded b. What will be the balance in the fund after the last award is made?.sress made?   1. The floor system used in a school classroom consists of a 4-in. reinforced stone concreteslab. Sketch the loading that acts along the joist BF. Then solve for the reactions assuming iti s simply supported. The weight of stone concrete is 0.15k/ft3 and the floor live load of ac lassroom is 0.04 k/ft2 a. Set a = 10 ft, b = 30 ft b. Set a = 10 ft, b = 15 ft c. Set a = 7.5 ft, b = 20 ft