34) Fatima wants to buy a boat that is available at two dealerships.The price of the boat is the same at both dealerships.Middlefield Motors would let her make quarterly payments of 2,580 dollars for 10years at a quarterly interest rate of 3.81 percent.Her first payment to Middlefield Motors would be due in 3 months.If Fairfax Boats would let her make equal monthly payments for 5 years at a monthly interest rate of 1.03 percent and if her first payment to Fairfax Boats would be today, then how much would each monthly payment to Fairfax Boats be?

Question 35

Grace just borrowed 135,920 dollars.She plans to repay this loan by making a special payment of 18,950 dollars in 11 years and by making regular annual payments of 20,560 dollars per year until the loan is paid off.If the interest rate on the loan is 14.77 percent per year and she makes her first regular annual payment of 20,560 dollars immediately, then how many regular annual payments of 20,560 dollars must Grace make?Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).

Question 36

Allysha just borrowed 48,800 dollars.She plans to repay this loan by making a special payment of 5,900 dollars in 4 years and by making regular annual payments of 7,400 dollars per year until the loan is paid off.If the interest rate on the loan is 4.65 percent per year and she makes her first regular annual payment of 7,400 dollars in one year, then how many regular annual payments of 7,400 dollars must Allysha make?Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).