Calculate the monthly payment necessary for john to pay for his purchases

On April 1, 2018, John Vaughn purchased appliances from the Acme Appliance Company for $2.500 In order to increase sales, Acme allows customers to pay in installments and will defer any payments for six months. John will make 18 equal monthly payments beginning October 1, 2018 The annual interest rate implicit in this agreement is 24% No SL P ors . E Ao P Ao St EA of $1 and PVAD of S) (Use appropriate factor(s) from the tables provided.) Required: Calculate the monthly payment necessary for John to pay for his purchases. (Do not round intermediate calculations. Round final answers to nearest whole dollar amount.) your