Question

If you buy a computer directly from the manufacturer for $3,159 and agree to repay 48 equal installments

Answer 1

Answer: $68.81

Step-by-step explanation:

If I'm reading this correctly, All you need to do is divide 3,159 by 48 and get the answer of 68.81

Answer 2

Answer:

PMT=$65.8

Step-by-step explanation:

In context the problem,

Present value=PV=$3159

Number of periods=n=48

Now we using formula,

PMT=PV/n

PMT=3159/48

PMT=$65.8