Answer it before 4:00pm50 minutes

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In the last line, its (9+100)/5000=1.82%

The price of a luxurious good is $137,000. Joe finances it with a down payment and 60 installments of $1,800 payable at the end of every month. Find the down payment if the nominal interest rate is X% convertible monthly, where X is the last 2 digits of your student ID plus 100 divided by 5000, rounded to the nearest 0.01. For example, if the last 2 digits of your student ID is 09, then the nominal interest rate to be used for your calculations will be (9 + 100)/6000= 1.82%. Round your answer to the nearest cent