Calculate the monthly payments for 2 of these options given that interest is compounded monthly. Company...

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Calculate the monthly payments for 2 of these options given that interest is compounded monthly. Company Large Home Improvement Store Local Small Business Home Improvement Company Online Construction Business Total Remodeling Cost $13,200 $11,800 $10,200 Financing Terms Ramona is Considering Financing through the bank servicing the national home improvement company: 1 year 0% financing with a minimum monthly payment of $100; 16.99% APR for the remaining 3 years Financing through her local credit union: 3% origination fee to be paid first then 7.5% APR for 5 years Financing through an online banking service: $1,000 applied toward the project before payback begins then 11.9% APR for 4 years. Calculate the monthly payments for 2 of these options given that interest is compounded monthly. Company Large Home Improvement Store Local Small Business Home Improvement Company Online Construction Business Total Remodeling Cost $13,200 $11,800 $10,200 Financing Terms Ramona is Considering Financing through the bank servicing the national home improvement company: 1 year 0% financing with a minimum monthly payment of $100; 16.99% APR for the remaining 3 years Financing through her local credit union: 3% origination fee to be paid first then 7.5% APR for 5 years Financing through an online banking service: $1,000 applied toward the project before payback begins then 11.9% APR for 4 years.