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(2 points) When Jose just moved into the town and wanted to set up an internet connection using AT&T, he was told that the hook
(2 points) When Jose just moved into the town and wanted to set up an internet connection using AT\&T, he was told that the hook up fee is $200. Jose did not have that much money and wanted to pay for it in the next four months when his parttime job at the library started. AT\&T customer service said that it was fine, but AT\&T did charge 2% monthly interest rate with monthly compounding. How much will his monthly installment be in the next four months? Suppose that the installation is done in September. The payments are collected in October, November, December, and January
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