M purchased a small lot in a subdivision, paying ₱200,000 down and promising to pay ₱15,000 every 3 months for the next 10 years. The seller figured interest at 12% compounded quarterly. (a) After making 8 payments, M wished to discharge his remaining indebtedness by a single payment at the time when the 9th regular payment was due, what must he pay in addition to the regular payment then due? (b) If M missed the first 10 payments, what must he pay when the 11th payment is due to discharge his entire indebtedness? (c) Cashflow Diagram

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