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Homework answers / question archive / If you buy a computer directly from the manufacturer for $2,242 and agree to repay it in 48 equal installments at 1

If you buy a computer directly from the manufacturer for $2,242 and agree to repay it in 48 equal installments at 1

Math

If you buy a computer directly from the manufacturer for $2,242 and agree to repay it in 48 equal installments at 1.77% 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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