Activity III PROBLEM SOLVING. Solve for thefollowing problems. NO SOLUTION MEANS WRONG.1. How many equal payments of Php500 at the endof each month will be required to accumulatePhp200 000 at 12% compounded monthlyinterest?2. Jordan borrowed Php70 000 at an interest rate of12% compounded semi-annually. He agreed topay Php5 000 at the end of every 6 months untilthe maturity date. Give the number of payments heshould make the account.3. Find the present value and the amount of 10 semi-annually payments of Php750 each if the firstpayment is done at 3 years and money is worth10% compounded semi-annually.4. A commercial building offered for sale Php945000 cash, or Php300 000 cash and a sequence of5 annual payments of Php170 000 each, with thefirst payment due at the end of 3 years. If themoney is worth 7%, which purchase agreement isbetter? Activity II PROBLEM SOLVING. Compute for thefollowing problems.1. How much must be deposited now in a bankpaying 9% compounded monthly if it is desired thata monthly withdrawal of Php3 000 can be made for5 years?2. An actor donated Php320 000 to his Alma Materby creating a professional chair in honor of hisfamily. The said money was deposited by theschool in a fund earning 15% compoundedmonthly for five years, with an agreement that therecipient of the chair gets a monthly honorarium forfive years. How much is the monthly honorarium?3. For a low cost house and lot, Ms. Buslon paidPhp300 000 in cash and agreed to pay Php5 430at the end of each month for a period of 10 years.If money is worth 6% compounded monthly,a. What is the equivalent cash price of the housemma mand lot?b. What is the price by instalment after 10 years?

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Since you have posted a multiple question according to guildlines I will solve first question for…

Activity III PROBLEM SOLVING. Solve for the following problems. NO SOLUTION MEANS WRONG. 1. How many equal payments of Php500 at the end of each month will be required to accumulate Php200 000 at 12% compounded monthly interest?