### Annuities Due, Number of Periods, Interest Rates, Future Values

Calculating Annuities Due You want to buy a new sports car from Muscle Motors for $32,000. The contract is in the form of a 72-month annuity due at a 7.75 percent APR (compounded monthly). Your monthly payment will be $? . (Round your answer to 2 decimal places, e.g. 32.16.) Calculating the Number of Periods At 12 perce