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Intrest and payments calculations?


I need help, I don鈥檛 know what equations to use for the following, the proper equation, or equation and answers would be helpful.

A computer dealer proposes financing options for the computer that you wish to purchase.

Pay for the $3,600 computer over 12 months (with the first payment in one month) with equal payments at 12% monthly compounding.

What is the monthly payment?

What percentage of the 10th monthly payment would consist of interest on the outstanding debt?

What cash amount would clear the outstanding debt immediately after making the 10th monthly payment? ( I could get this one after the answers to the first two.)

Attached find an interest calculator to give you the answers to your questions.

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