Quarterly payments of P9,567.32 for 4 years that will start 1 year from now. Find its Period of Deferral and Number of payments.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 15MC: Marathon Peanuts converts a $130,000 account payable into a short-term note payable, with an annual...
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4. Quarterly payments of
P9,567.32 for 4 years that will start 1 year from now. Find its Period of
Deferral and Number of payments.

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