A store offers its salespeople a table with coefficients to be applied to the cash sale value of its products in case th

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A store offers its salespeople a table with coefficients to be applied to the cash sale value of its products in case th

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A store offers its salespeople a table with coefficients to beapplied to the cash sale value of its products in case the customerneeds to finance the purchase of the products. Considering that thestore charges a compound interest rate of 6% per month oninstallment sales, calculate the value of these coefficients in thefollowing situations:
a) 12 monthly installments, the first being paid after thirtydays. (Answer 0.119277)
b ) 24 monthly installments , the first being paid uponpurchase .(Answer 0.075169)
c) 36 monthly installments, the first being paid after sixmonths (Answer0.091528)
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