If you buy a computer directly from the manufacturer for, Finance Basics

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If you buy a computer directly from the manufacturer for

Question: If you buy a computer directly from the manufacturer for $2,725 and agree to repay it in 36 equal installments at 1.94% 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.)

The total interest paid is (Round to two decimal places.)

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