How much will I earn?
You decided to join a Kabataan Savers Club which aims for financial growth of
the youth nowadays. If you pay P1,000.00 at the end of each month for 5 months
on account that pays interest at 12% compounded monthly, how much money
will you have after 5 months?
Guide Questions:
1. What type of annuity is present in the problem?
2. What were the given presented?
3. What formula should you use to solve the problem?
4. What would be the answer in the problem?​