Question: Wade purchased a computer priced at $908.46, financing it by paying $79.33 on the date ofpurchase, and signing a contract to pay equal monthly payments
Wade purchased a computer priced at $908.46, financing it by paying $79.33 on the date ofpurchase, and signing a contract to pay equal monthly payments over the next twelve months. If the terms of the contract state that interest is calculated at 10.4% compounded monthly, how much does Wade have to pay at the end of each
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