Jie purchased a computer priced at $1316.25, financing it by paying $58.39 on the date of purchase, and signing a contract to pay equal monthly payments over the next fifteen months. If the terms of the contract state that interest is calculated at 9.1% compounded monthly, how much does Jie have to pay at the end of each month? Jie must make payments of $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Answer rating: 100% (QA)

we will use the PMT function of ex... View the full answer