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Pancho's new big screen TV costs $2,649.99. Pancho will pay for his TV with 2 years of level bi- weekly payments at the end of

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Pancho's new big screen TV costs $2,649.99. Pancho will pay for his TV with 2 years of level bi- weekly payments at the end of each period), except the last one will be a balloon payment of $91.71. The interest rate is 12) = 8.95%. How much are his level payments? a $55 b. $57 c. $56 O d. $58 Oe. $51

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