Find the present value of the given annuity.$252 per month for 48 months at the rate of 4.2% compounded monthlyThe present value is $(Round to the nearest cent as needed.) If you buy a computer directly from the manufacturer for $3,382 and agree to repay it in 60 equal installments at 1.85 % interest per month on the unpaid balance, how much are your monthlypayments?Your monthly payment is $(Round to two decimal places as needed.)GTID

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Answered: If you buy a computer directly from the…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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If you buy a computer directly from the manufacturer for $3,382 and agree to repay it in 60 equal installments at 1.85 % interest per month on the unpaid balance, how much are your monthly payments? Your monthly payment is $(Round to two decimal places as needed.) GTID