If you buy a computer directly from the manufacturer for $3,192 and agree to repay it in 36 equal installments at 1.51% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will be pa Your monthly payment is $. (Round to two decimal places.) The total interest paid is S (Round to two decimal places.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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If you buy a computer directly from the manufacturer for $3,192 and agree to repay it in 36 equal installments at 1.51% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will be pai
Your monthly payment is $ . (Round to two decimal places.)
The total interest paid is $
(Round to two decimal places.)
Transcribed Image Text:If you buy a computer directly from the manufacturer for $3,192 and agree to repay it in 36 equal installments at 1.51% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will be pai Your monthly payment is $ . (Round to two decimal places.) The total interest paid is $ (Round to two decimal places.)
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