Directions: Solve the following problems completely. Find the period of deferral in each of the following deferred annuity. a) Monthly payments of P 2,0000 for 5 years that will start 7 months from now. b) Annual payments for 8,000 for 12 years that will start 5 years from now. c) Quarterly payments of P 5,000 for 8 years that will start two years from now.

Directions: Solve the following problems completely. Find the period of deferral in each of the following deferred annuity. a) Monthly payments of P 2,0000 for 5 years that will start 7 months from now. b) Annual payments for 8,000 for 12 years that will start 5 years from now. c) Quarterly payments of P 5,000 for 8 years that will start two years from now.

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter4: Time Value Of Money

Section4.17: Amortized Loans

Problem 1ST

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