Question: 1. The installment price of a piano is $8,997.40 and a down payment of $1,000 is made. What is the monthly installment payment if the piano is financed for 36 months?
2. The installment price of a tire machine is $2,795.28. A down payment of $600 is made. What is the installment payment if the machine is financed for 36 months?