Your father obtained a car loan for ₱800,000 with an annual rate of 15% for 5 years. Direction: Compute the annual interest, total interest, and amount to be received or paid at the end of the term...

Your father obtained a car loan for ₱800,000 with an annual rate of 15% for 5 years. Direction: Compute the annual interest, total interest, and amount to be received or paid at the end of the term for the scenario above using a simple interest assumption and compound interest assumption.