F=A[i(1+i)n1]P=A[i(1+i)n(1+i)n1] Where: F= accumulated amount or future worth i= interest rate per payment P= principal amount or present worth n= number of payments A= periodic omount, payment or n= number of interest period investment Use the following formula to solve each problem. A man paid 108 as down payment of P200, 000 for a house and lot and agreed to pay the balance on monthly installments for 5 years at an interest rate of 15\%, compounded monthly. What was the monthly installment in pesos? 1) Money is worth 8\% compounded annually. For a uniform series of payments, what would be its capital recovery factor for a period of 6 years? An investor deposits P10, 000 at the end of each year in an account which gives a nominal annual interest of 5\%, compounded continuously. How much sum will he accumulate in 10 years? F=A[i(1+i)n1]P=A[i(1+i)n(1+i)n1] Where: F= accumulated amount or future worth i= interest rate per payment P= principal amount or present worth n= number of payments A= periodic omount, payment or n= number of interest period investment Use the following formula to solve each problem. A man paid 108 as down payment of P200, 000 for a house and lot and agreed to pay the balance on monthly installments for 5 years at an interest rate of 15\%, compounded monthly. What was the monthly installment in pesos? 1) Money is worth 8\% compounded annually. For a uniform series of payments, what would be its capital recovery factor for a period of 6 years? An investor deposits P10, 000 at the end of each year in an account which gives a nominal annual interest of 5\%, compounded continuously. How much sum will he accumulate in 10 years