A loan of P30,000 is to be repaid monthly for 5 years that will start at the end of 4 years. If interest is 12% converted monthly, how much is the monthly payment? (Draw the cash flow diagram;...

Extracted text: A loan of P30,000 is to be repaid monthly for 5 years that will start at the end of 4 years. If interest is 12% converted monthly, how much is the monthly payment? (Draw the cash flow diagram; indicate the artificial payments and the actual payments.)