1. What is the period of deferral of a monthly annuity if the first payment should be made at the end of 13 months? C. 1 a. 13 b. 12 d. 30 2. What is the period of deferral of a quarterly installment plan if the first payment should be made at the end of 9 months? a. 2 b. 9 c. 4 d. 30 3. Determine the number of skipped payments of an annual annuity if the first payment should be made 8 years from now. a. 1 b. 12 c. 7 d. 8 4. What is the present value of a P5,000 quarterly annuity payable for 25 years at 6.5% compounded semi-annually if the first payment will be made at the end of one year? a. P235,903.95 b. P500,000 C. P450,234.21 d. P245, 127.67 5. Determine the cash price of a motorcycle that is available through 2,500 monthly installment scheme for 2 years at 10% interest compounded annually. The first payment will be made 3 months from now. c. P60,000 d. P55, 378.89 b. P53,557.03 a. P59,200.12 II- Solve the problem. 5 points 6-10. A certain vehicle is available through monthly installment plan of P20,000 payable for 3 years at 6% compounded semi-annually. If the first payment should be made 4 months after availing the plan, how much is the cash price of the vehicle?​