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Camerin wants a new big screen TV and home theater surround sound system, which he thinks will cost $3,640. The store will finance up to
Camerin wants a new big screen TV and home theater surround sound system, which he thinks will cost $3,640. The store will finance up to $3,140 for 2 years at a 22.50 percent interest rate. Assuming Camerin accepts the store's financing, what will his monthly payment be? If he increases his down payment to $1,000, how much will his monthly payment be? Click on the table icon to view the MILPF table : Assuming Camerin accepts the store's financing, his monthly payment will be $ (Round to the nearest cent.)
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