Itrsquos time to get a new laptop that is 2500 if you, Business Economics

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Itrsquos time to get a new laptop that is 2500 if you

It’s time to get a new laptop that is $2500. If you finance it, you will be charged 8% annual interest and it will take you two years to pay it off, paying each month. (A)How much will you pay each month for this laptop? (B) What are your total acquisition costs of financing the laptop?

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