Abusinessman borrowed p3,000,000 with interest at the rate of 6% compounded annually. he agrees to discharge his obligations by paying a series of 6 annual payment, the first being due at the end of the fifth year. determine the value of his annual payment. a. 500,000 b. 770,222 c. 726,625 d. 600,000

Question 3 (essay worth 10 points) (03.06 mc) part a: max rented a motorbike at $465 for 5 days. if he rents the same motorbike for a week, he has to pay a total rent of $625. write an equation in the standard form to represent the total rent (y) that max has to pay for renting the motorbike for x days. (4 points) part b: write the equation obtained in part a using function notation. (2 points) part c: describe the steps to graph the equation obtained above on the coordinate axes. mention the labels on the axes and the intervals. (4 points)