Answer to Question #301756 in Financial Math for Ren

Question #301756

2. Monthly payments of P10,000 for 4 years that will start 3 months from now

Expert's answer

"k=nt-1"

Where k is the periods of deferral

n is the number of times

t is the number of periods compounded

"k=12(\\frac{3}{12})-1"

"k= 2\\ periods\\ or\\ 2\\ quarters"

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