Kate owes P120 000 due in 4 years plus the accumulated interest from today at 13% compounded quarterly. She agrees to pay it in installment: P30,000 after 2 years; P40,000 after 3 years the remaining...

Extracted text: Kate owes P120 000 due in 4 years plus the accumulated interest from today at 13% compounded quarterly. She agrees to pay it in installment: P30,000 after 2 years; P40,000 after 3 years the remaining balance at the end of 4 years 1.How much did Kate owe at the end of 4th year? 2.How much was her final payment? 3.lf the obligation was to be settled by equal periodic payments with first payment due at the beginning of the 3rd quarter of the 2nd year. Find the amount of the equal payments.