47. For an amount borrowed from a credit cooperative, Janice needs to pay Php100,000 in 5 years. After 2 ½ years , she made a Php50,000 payment. If money is worth 8% compounded semi-annually, how much would she have to pay on the 5th year to fully settle the loan?
51. As payments for debts of Php300,000 due at the end of 4 years and Php485,000 at the end of 8 years, Jane agrees to pay Php50,000 at once and Php250,000 at the end of 5 years. She will make a third and final payment at the end of 10 years. How much would it be if money is worth 14% compounded semi-annually.