What is the period of deferred for a monthly payment of ₱75,000.00 for 4 years that will start 8 months from now?
A. 6 periods or 6 months
B. 7 periods or 7 months
C. 8 periods or 8 months
D. 9 periods or 9 months
A. 6 periods or 6 months
B. 7 periods or 7 months
C. 8 periods or 8 months
D. 9 periods or 9 months
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Answer:
₱163,600.00
Explanation:
7 years
9 months -cause every 3 months
7×9=63
63×7,200=₱163,600.00
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