Suppose that you boriow $29,000 at 15% compounded monthy over four yoars. Knowing that tha 15% ropresonts the market interest rate, you resize thal the monthly payment in actual dollars will bo $807.09. if the averuge monthly general in sation rate is expoctod to be 0.5%, dotermine the equivalent equal morthly poyment series in constant deliars. The equivalent equal monthly paymert sones in constant collars is \{ (Round to the noarnat dellar,) Suppose that you boriow $29,000 at 15% compounded monthy over four yoars. Knowing that tha 15% ropresonts the market interest rate, you resize thal the monthly payment in actual dollars will bo $807.09. if the averuge monthly general in sation rate is expoctod to be 0.5%, dotermine the equivalent equal morthly poyment series in constant deliars. The equivalent equal monthly paymert sones in constant collars is \{ (Round to the noarnat dellar,)