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o repay a loan of $8000, Krista must make month-end payments with 5.4% interest compounded monthly. Payments are deferred for 3 years and the loan
o repay a loan of $8000, Krista must make month-end payments with 5.4% interest compounded monthly. Payments are deferred for 3 years and the loan will be completely paid off 5 years after the period of deferment. What is the value for n (or d) for the period of deferment?What is the value of the loan after the period of deferment (before the payments start)?
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