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Question 5 If you buy a computer directly from the manufacturer for $2,862 and agree to repay it in 48 equal installments at 2.04% interest

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Question 5

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If you buy a computer directly from the manufacturer for $2,862 and agree to repay it in 48 equal installments at 2.04% 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. )

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