Barbara purchased a home entertainment center for $2,665 using an 18-month deferred payment plan with an interest rate of 24.36%. she did not make any payments during the deferment period. what will barbara's monthly payment be if she must pay off the home entertainment center within three years after the deferment period?

P = $ 144.99

Step-by-step explanation:

Given data:

cost of home entertainment center is $2665

duration of deferred payment plan is 18 month

interest rate is 24.36%

Total amount to be paid is

A = 3695.88

From the information in the questioon this amount is to be paid in 3 year . Thus we have

Monthly payment is =

p = monthly payment

Pv = present value = 3695.88

r =rate per period

n = number of period

plugging all value in the above formula

P = $ 144.99

the total estimated nappy use.=10,500,000

step-by-step explanation:

given that on an average the average baby uses 3528 napkins.

in a particular year 2014, the number of births were 299697 in new south wales.

rounding off the number of births to the nearest hundred thousand we have

no of birtsh = 300000

also rounding off the average usage to nearst thousand we get

average use of a baby = 3500

hence total number of nappy estimated to be used = 3500x300000

= 10,500,000

answer is 10,500,000 nappies