Solve the problem by showing your FORMULA and COMPUTATION. All FINAL ANSWERS should be rounded-off in thousandths or in three (3) decimal places. Problem: A man borrows P15,000 with the agreement that money is worth 5% compounded annually. The debt is to be paid, interest included, by equal installments at the end of each year for 5 years. Find the annual payment and supply the necessary data on the amortization schedule found below. PERIOD INTEREST RE-PAYMENT BEGINNING PAYMENT AMOUNT P 15,000.00 P ENDING BALANCE P P P 1 2 3 4 5