General Annuity and Deferred Annuity Situation: Your father is planning in set his house and lot situated in Laoag City. He advertised the selling of the property in his social media account and was able to c compelling offers three.
OFFER A: PhP 1 200 000.00 down payment plus a P30 000 quarterly payment that earns 12% interest compounded monthly payable for 5 years OFFER.
B: PHP 950 000:00 down payment plus a P15 000 monthly payment that came 12% interest compounded monthly payable for 5 years OFFER.
C: PHP 1 500 000.00 down payment and P10 000 monthly for yours. The first monthly payment is 1 year after the down payment has been made. Interest rate is 12% converted monthly.
Question: Which of the three offers will you recommend to your father? Why? (justify your choice by showing the resulting fair market value of each offer​