Question

Quarterly payment of 300 for 9 years that will start 1 year from now, What is the period of deferral in the deferred annuity?​

Answer 1

Answer:

tdja

Step-by-step explanation:

nkatrakidhatinsc

Answer 2

Answer:

Answer: Period of deferral in the deferred annuity = 3 periods or 3 quarters.

Given: Quarterly payment of 300 for 9 years that will start 1 year from now.

To find: Period of deferral in the deferred annuity.

Solution: Formula for Period of deferral

K = nt - 1

K- Period of deferral

n- number of times compounded

t- time of start

K= nt - 1

K= 4(1) - 1

K= 3

Period of deferral = 3 periods / 3 quarters.