Camerin wants a new big screen TV and home theater surround sound system, which he thinks will cost $4,980. The store will finance up to $4,480 for 2 years at a 19.50 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?
Assuming Camerin accepts the store's financing, his monthly payment will be $_____ (Round to the nearest cent.)
ore:0 of 7 pts HW Score: 0%, 0 0 roblem P7-8 (similar to) annw teg screen TV and home theater surround sound systemwh ch hethnks wil cost $4 The aore wanunce4 he increases tes down payment to $1.000 how much wil tws montw pament be? ack ontwistie conto $4,460 for 2 years at a 1950co cent ranest Assanng Cmem accepts best rs monthdy payment tr? uno MtAtao Assuming Camenn accepts the store's tinancing, his montely payment will be Round to the nerest cnt Data Table 1390 i 1242 750% 1 17033 170 45 86 87 9 03 45 11 3677 31 22 24 30 2016 1741 1546 14 01 17058 8699 59 14 4523 3689 3134 2441 2028 1753 1559 14 170 70 87 10 59 25 4534 3700 170 82 87 22 5937 4546 3712 3157 24 65 2052 1778 1584 1439 17095 8734 | 59 48 45 57 | 3723 | 3168 247-2064-790 1596-52 17107 87 45 59 60 4568 37 35 3180 86761 5891-1 -4500 13666 1 3111 12418 7 75% 800% 31 57 134 6520 521 17 78 | 15 84 | 14 39 | 24 89 20 76 18 03 1609 14 65 759 71 4580 3746 3192 2500 2088 1815 1622 14 78 1 87 68 5983 4591 37 58 32 03 25 12 2100 1827 1634 1491 171.32 1840 164715.04 . 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