Question

A customer purchase a new computer and a warranty to protect it. The computer cost $1,486.25 and the warranty is $199.00. If the customer would like to pay this over a period of 18 months, how much would each payment be?

Answer 1

Assuming no tax and no finance charge:

(1486.25 + 199) / 18 = _______ per month

Answer 2

Thanks

Answer 3

You're welcome.