Answer to Question #301756 in Financial Math for Ren

Question

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

Answer 1

$k=nt-1$

Where k is the periods of deferral

n is the number of times

t is the number of periods compounded

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

$k= 2\ periods\ or\ 2\ quarters$