1. What is the present value of the simple annuity of P6,000.00 payable semi-annually for 10 years if money is worth 6% compounded semi-annually? A P89 264. B. 289,000 C. 289.264.85 D. P89,264 84 2. With the same given in number 1, what is the accumulated amount (future value)? A P16,222.25 B. P161,222 C. P161,222.24 D. P161,222 25 3. It is an annuity where the length of the payment interval is not the same as the length of the interest compounding period A cash flow C general annuity B. fair market value D. general ordinary annuity 4. What is the future value of monthly payments of P3,500 for 4 years with an interest rate of 3% compounded quarterly A. P59,262.98 B. P59,262,99 C. P59,262. D. P59,226.99 5. With the same given in number 4, what is the present value? A P52,585.9 B. P52,585.09 C. P52,585. D. P52,585.10 B. Solve the given problem below. Show your solution. (5points) Mr Reyes paid P250,000.00 as a down payment for a car The remaining amount is to be settled by paying P15,000.00 by the end of each month for 5 years, with 10.5% compounded monthly, how much is the present value after paying the downpayment? What is the cash value of his car?​