Question
If you buy a computer directly from the manufacturer for $2,340 and agree to repay it in 36 equal installments at 1.82 % interest per
If you buy a computer directly from the manufacturer for $2,340 and agree to repay it in 36 equal installments at 1.82 % 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.)
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
