Yi has decided to purchase a new moped and the discrete interest rate is 1 2 per month and the purchase price is 20,000 yuan The payments will be at the end of the month what is her expected monthly payment over the 3 year period

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Yi has decided to purchase a new moped and the discrete interest rate is 1/2% per month and the purchase price is 20,000 yuan. The

Yi has decided to purchase a new moped and the discrete interest rate is 1/2% per month and the purchase price is 20,000 yuan. The payments will be at the end of the month; what is her expected monthly payment over the 3-year period?

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