DIRECTIONS: Give the period of Deferral in each of the following Deferred Annuities. 5. Monthly payments of P 1,000 for 9 years that will start 9 months from now. 6. Withdrawals of P 7.200 every 3 months for 9 years that will start at the end of 2 years.. 7. Annual payments of P 600 for 7 years that will start 7 years from now.