Find the answer of the following question. 21. A consumer loan of P35,000 is to be paid in 36 months at 10% compounded monthly. What isthemonthly payment?A. P1000.14C 1,117.14B. P1100.14D. P1,200.1422. A business loan worth P150,000 is to repay in quarterly installment for 2 years. How much isthe quarterly payment if money is worth 7% converted quarterly?A P35,5008. P37,500C. P38,500D. P39,5023. Dina decided to purchase a P1,500,000 house and lot. After deducting the down payment, themortgage amount is P1,000,000. If the interest is at 10% compounded monthly, how much is themonthly installment if they plan to amortize the loan in 25 years?B. P9,031 25D. P9,061.2524. if a car loan of PS00,000 requires a 30% down payment. How much is the mortgage? AD. P680,000A. P9,000 25C. 99,051.25P350,000B. P360,000C P670,00025. How much interest does a bank get after granting a loan of P750,000.00 with which thepayment that a borrower does in every quarter good for 5 years is P40,522.97?A. P60,549.408. P60,459.40C P60,945 40D. P60,594.40

Name: Find the answer of the following question. 21. A consumer loan of P35,
Uploaded: 2024-03-20T06:46:55.000Z
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Description: Find the answer of the following question. 21. A consumer loan of P35,000 is to be paid in 36 months at 10% compounded monthly. What isthemonthly payment?A. P1000.14C 1,117.14B. P1100.14D. P1,200.1422. A business loan worth P150,000 is to repay in qu