Skip Payment Cash Flows

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Posted by Don on September 26, 2006 at 18:25:37:

Looking for help in finding an equation I can input into HP Solve or an Excel Spreasheet I can use to calculate the remaining payment required after skipping the first 3 payments (refer below).

I%YR = 9.95%:
3 Months at -0-
followed by 60 Months at $?

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