Example:

If you had $2,000 now and invested it at 10%, how much would it be worth in eight years?
Sol.

F = P (F/P, i%n)
F=2000*2.143
= 4,287.18$
Example:
Calculate the principal that have been borrowed 5 years ago, which must be returned it as 5000$.
The interest rate simple was 10%. find the interest added to this principal during the 5 years.?
Sol. F5 = 5000 $

P = F (P/F, i%, n)
P=5000*0.62
0 1 2 3 4 5
= 3104.6$
Example:
The international construction bank gives a dept. equal to 8.79*10 6 $ with an interest 8% for a certain
project which must be recovered in 10 years what is the annual payment that must be paid to the bank?

Sol p = 8.79*106

A = P(A/P, i%, n) 0 1 2 9 10

A =8.79*106 *0.149
= 1.3 * 106 $
A= ?