Activity 2: Solve the following problems completely. 1. A loan of Php 300 000.00 is to be repaid in full after 2 years. If the interest rate is 9% per annum. How much should be paid after 2 years? 2....

Extracted text: Activity 2: Solve the following problems completely. 1. A loan of Php 300 000.00 is to be repaid in full after 2 years. If the interest rate is 9% per annum. How much should be paid after 2 years? 2. If a car loan of Php 790 000.00 requires a 20% down payment. How much is the mortgage? 3. A person borrowed Php 1 000 000.00 for the purchase of a car. If his monthly payment is Php 25 000.00 on an 8-year mortgage, find the total amount of interest. 4. A consumer loan worth Php 80 000.00 is to be repaid in 12 months at 8% convertible monthly. How much is the monthly payment?