Ms Daisy bought a car. After paying the down payment, the amount of the loan is Php 500,000 with an interest rate at 9% compounded monthly 11. If the term is 3 years, then how much is the monthly payment? a) Php 16,899.97 b) Php15,899.87 c) Php 16,900.00 d) Php 15,950.00 12. How much will be the total payment after 3 years? a) Php 593,527.84 b) Php 693,527.84 c) Php 554,322.84 d) Php 654,322.84 13. What is the total interest after three years? a) Php 93,527.84 b) Php 193,527.84 c) Php 54,322.84 d) Php 154,322.84 #14-15 refer to the problem below:

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