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How much will that be per month

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Q1. You've lend money to your friend in the amount of P500,000.00, to be paid in 5 years at 15% interest. How much will that be per month? Show your computation & cash flow diagram in a picture file with your name on it. Box your final answer.

Q2. A businesswoman needs 55,000 in 10 years. What amount should be deposited in a fund at the end of each quarter at 10% compounded quarterly so that there will be enough money in the fund? Show your computation & cash flow diagram/table in a picture file with your name on it. Box your final answer.

Reference no: EM133162645

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