If you buy a computer directly from the manufacturer for $2,838 and agree to repay it in 36 equal installments at 1.63% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will be paid? al e Your monthly payment is $ 104.84. (Round to two decimal places.) The total interest paid is $. (Round to two decimal places.) Jour

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.1: Transforming Equations: Addition And Subtraction
Problem 1E
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15 what’s the total interest?
If you buy a computer directly from the manufacturer for $2,838 and agree to repay it in 36 equal installments at
1.63% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will
be paid?
al
Your monthly payment is $104.84. (Round to two decimal places.)
The total interest paid is $
(Round to two decimal places.)
Jour
Transcribed Image Text:If you buy a computer directly from the manufacturer for $2,838 and agree to repay it in 36 equal installments at 1.63% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will be paid? al Your monthly payment is $104.84. (Round to two decimal places.) The total interest paid is $ (Round to two decimal places.) Jour
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