Question 1172319
Payment=Loan/Discount factor
Discount factor here is (1+.01)^24-1/(0.01*1.01^24).  The .10 is r/12, the monthly rate (r/n), and the 24 is the number of payments.
round at the end
The discount factor is 21.2433
the loan is 7500
The monthly payment is $353.05