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DEFERRED ANNUITY ASAP THANK YOU! I will give you an example Simon borrowed money from the bank, he borrowed P500,000, He will return this loan

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DEFERRED ANNUITY

ASAP THANK YOU!

I will give you an example Simon borrowed money from the bank, he borrowed P500,000, He will return this loan in 12 equal quaterly installments, the first of which is due in 3 years and 4 months, with interest compounded quarterly at a rate of 20%. What is the amount of quarterly payment

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