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If you buy a computer directly from the manufacturer for $2,525 and agree to repay it in 36 equal installments at 1.77% interest per month
If you buy a computer directly from the manufacturer for $2,525 and agree to repay it in 36 equal installments at 1.77% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will be paid? Your monthly payment is $. (Round to two decimal places.) The total interest paid is $ (Round to two decimal places.) Recently, More Money 4U offered an annuity that pays 5.7% compounded monthly. If $832 is deposited into this annuity every month, how much is in the account after 4 years? How much of this is interest? Type the amount in the account: $ (Round to the nearest dollar.) Type the amount of interest earned: $ (Round to the nearest dollar.)
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