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2 short questions both needs to be answered with explanations and work done 7. Jie purchased a computer priced at $1423.42, financing it by paying
2 short questions both needs to be answered with explanations and work done
7. Jie purchased a computer priced at $1423.42, financing it by paying $68.62 on the date of purchase, and signing a contract to pay equal monthly payments over the next eighteen months. If the terms of the contract state that interest is calculated at 9.2% compounded monthly, how much does Jie have to pay at the end of each month? Jie must make payments of $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 8. Slicks Mechanics provides oil changes for vehicles for $30.68. For each vehicle, the cost of oil is $6.19 for the shop. Fixed costs for this type of service are $6759.24. How many oil changes need to be completed to break even? In order to break even, oil changes need to be completed. (Round up to the nearest unit.)Step by Step Solution
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