Question

Camerin wants a new big screen TV and home theater surround sound​ system, which he thinks...

Camerin wants a new big screen TV and home theater surround sound​ system, which he thinks will cost $4, 880. The store will finance up to ​$4, 380 for 2 years at a 18.75percent interest rate. Assuming Camerin accepts the​ store's financing, what will his monthly payment​ be? If he increases his down payment to​ $1,000, how much will his monthly payment​ be?

Assuming Camerin accepts the​ store's financing, his monthly payment will be ​$_________. ​(Round to the nearest​ cent.)

*There might be follow up questions

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