Question: 1. The installment price of a Bosch stainless steel refrigerator is $2,199.99 for an 18-month loan. If a $300 down payment has been made, find the installment payment.
2. The installment price of an Electrolux front-load washer is $1,299.90. What is the installment payment if a down payment of $295 is made and the loan is for 12 months?