Answer choose the 20 million today c if its 20 with

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ANSWER: CHOOSE THE 20 MILLION TODAY3. You just bought a new car for Php900,000 on installment with no down payment, at 13% interest per year, payable in 60 equal monthly instalments. The first payment is due 1 month from now. How much will be your total monthly payment amount?
4. A financial planning service offers a college savings program. The plan calls for you tomake six annual payments of Php50,000 each, with the first payment occurring today,your child’s 12th birthday. Beginning on your child’s 18th birthday, the plan will providePhp150,000 per year for four years. What return is this investment offering?
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5. Given Smolira Golf Corp.’s recent Financial Statements in the next page:
A. Find the following financial ratios (use year-end figures rather than average valueswhere appropriate):
B. Construct the Du Pont identity for Smolira Golf Corp.C. For how many days could Smolira Golf Corp. continue to operate if its cash inflowswere suddenly suspended?

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